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.

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High Arctic Energy Services Inc > Next to no buying interest at these levels

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Comment by colouramaon Jul 13, 2023 7:42pm

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Post# 35540419

RE:RE:RE:Next to no buying interest at these levels

Never a sure thing, but I would be surprised if the new PNG LNG project does not go ahead in some form. There is also the P’nyang development expanding the existing LNG production facilities.

Here is another article:

https://www.eastasiaforum.org/2022/11/26/papua-new-guinea-can-feed-japans-energy-appetite/

(I am not familiar with the source, so take it as an opinion piece)

As far as I can see, PNG LNG has the following distinct advantages, among others:

1. Proximity to Japan relative to other large gas projects
2. Japan needs significant LNG in part to offset planned removal of coal power plants

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle