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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is engaged in provision of 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 in Canada. Its segments include Rental Services and Production Services. The Production Services segment operations consist of Company’s idled snubbing units in Colorado, United States. The Rental Services segment consists of High Arctic’s oilfield rental equipment in Canada centered upon pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells. The Company offers an extensive line up of oilfield rental equipment for drilling, completions, workover and abandonment oil and gas operations.


TSX:HWO - Post by User

Comment by AVALONSHARKon Jan 12, 2021 1:53pm
117 Views
Post# 32277283

RE:RE:Papua New Guinea

RE:RE:Papua New GuineaExactly, the operations just need to restart for now, and given the demand in LNG I dont know why the delay. The 2 LNG projects would make sure there is enough work for the forseeable future.

This is from their LinkedIn post yesterday- "We are sure everyone agrees 2020 has been a tough year and like many businesses we have had to downsize with the downturn in activity. Thankfully we have been able to maintain preservation teams to keep our equipment in premium condition ready for a big year ahead. "
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