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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is a Canada-based energy services provider. The Company provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta. The Company's operations involve the rental of pressure control and other oilfield equipment to exploration and production companies operating in Canada. 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 are oilfield rental equipment. Its rental services offer a lineup of oilfield rental equipment for drilling, completions, workover and abandonment oil and gas operations.


TSX:HWO - Post by User

Post by fundamPhilon Feb 03, 2017 11:50am
266 Views
Post# 25795421

last two days

last two days
Don't forget that the stock is not heavily traded, any funds exiting a position wil make the sp drop. I am not surprised by the contract extension. The acquistion of InterOil by Exxon is not even completed. Shareholders vote is on Frebruary 14th. Hard to imagine that InterOil management would sign a long term contract just days before Exxon take over. Makes no sense.

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