High Arctic Energy Services Inc T.HWO

Alternate Symbol(s): HGHAF

Energy Oil & Gas Equipment & Services

High Arctic Energy Services Inc. is a Canada-based energy services provider. It provides drilling and specializes well completion services and supplies rental equipment, including rig matting, camps, material handling, and drilling support equipment. In western Canada, it provides pressure control equipment on a rental basis to a number of exploration and production companies. Its North American service lines include nitrogen and oilfield rental equipment. Its fleet of pumper units operate onsite to deliver nitrogen to the oil and gas industry when and where required. Its International Operations service lines include drilling rigs, workover rigs, worksite matting and rental equipment. Its fleet of specialized rental equipment includes camps, cranes, trucks, forklifts, pumps, gensets and lighting towers. It is also focused on offering pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment.

TSX:HWO - Post by User

High Arctic Energy Services Inc > Maguire buys 7,750 on open market

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Comment by Stonksonlyup90on May 26, 2023 2:59pm

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Post# 35466258

RE:RE:RE:RE:RE:RE:Maguire buys 7,750 on open market

Agreed, I don't think the reorg resolution is going to get approved.

The smarter approach by Cyrus IMO would have been to have the company announce a Substantial Issuer Bid (SIB), at a value less than they deem fair market value. Cyrus would have then been >50% after SIB and then they could have made a move to take the whole company private.. after the fact, they could then have sold off any North American business and retained PNG..

... but nobody called them smart..

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