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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

Post by AVALONSHARKon Feb 17, 2022 4:44pm
240 Views
Post# 34439670

PNG CABINET CLEARS P’NYANG GAS AGREEMENT

PNG CABINET CLEARS P’NYANG GAS AGREEMENTPrime Minister James Marape, MP has announced that his Cabinet has cleared the P’nyang Gas Agreement, which now awaits signing between the State and ExxonMobil who is the lead project developer of the Petroleum Retention License (PRL) 3.

https://www.pngbusinessnews.com/articles/2022/2/cabinet-clears-p-nyang-gas-agreement-signing-set-for-next-week

The next few years should be very busy for High Arctic with multiple projects kicking off and high barrier to entry in PNG (limited to no competion). I am expecting the sp to be around $4-$5 in two years time. Great buying opportunity and such an undervalued play. 
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