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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 > Kumul Petroleum CEO in Calgary
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Comment by AVALONSHARKon Jul 18, 2023 1:22am
114 Views
Post# 35545393

RE:RE:RE:RE:RE:Kumul Petroleum CEO in Calgary

RE:RE:RE:RE:RE:Kumul Petroleum CEO in CalgaryI dont think HWO needs any pump. Attempts at valuation have been done by several contributors on this forum. The lowest estimates are still significantly higher than how the market is valuing this company. I personally feel the structure of the company (majority in PNG, some assets in USA, some assetss in Canada) is a reason. No potential accquirer would want all these assets together. They have no other option but to liquidate each piece seperately. Just my opinion and I stand the right to be wrong.

BDW here is the source of that picture - Wapu Sonk was indeed in Calgary last week -https://twitter.com/mrbinnion/status/1680300071412432896
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