High Arctic Energy Services Inc T.HWO

Alternate Symbol(s): HGHAF

Energy Oil & Gas Equipment & Services

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

High Arctic Energy Services Inc > Exxon sees $18 bln of possible investment in Papua LNG

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Comment by JonathanJSmithon Dec 20, 2021 9:02am

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Post# 34246271

RE:RE:RE:RE:RE:Exxon sees $18 bln of possible investment in Papua LNG

If that were the case, then they're better off selling the entire company and packing it in. Given the price is so low, I'd take book value at this point. Recently, the Omicron variant has been getting so much news attention that many countries are getting spooked. I wouldn't be surprised to see below $1 again - good thing I have lots of dry powder on the sidelines (and in non-IRA accounts); it's almost time to be opportunistic once again. Eventually, our day will come :)

Cheers and happy holidays,

JJ

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