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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

Comment by AVALONSHARKon Apr 08, 2021 9:54am
186 Views
Post# 32955955

RE:Oil Search talks about the next wave of gas projects in png.

RE:Oil Search talks about the next wave of gas projects in png.Thanks for the link. I guess the most important piece for High Arctic is this -

"The reality is that Oil Search has been very successful in exploration, and we’ve got a very good resource base, both in PNG, and in Alaska. So our focus is on commercialising the gas, not necessarily needing to find any more. Having said that, we do have some good high quality and low risk opportunities in and around the oil field facilities themselves and we’ll be presenting those to the Joint Venture next year with a view for drilling those, over the next few years, to maintain oil production."
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