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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

Energy Oil & Gas Equipment & Services
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

High Arctic Energy Services Inc > Bad news
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Comment by AVALONSHARKon Sep 26, 2022 3:00pm
286 Views
Post# 34987298

RE:RE:Bad news

RE:RE:Bad newsThe current market cap is $58 mil while they will have close to $56 mil in cash come January !!.

If this is not a steal I dont know what is. Nothing has changed fundamentally, even if the world goes into a deep recession the need for LNG isint going away anywhere and Papua LNG and Pnyang LNG are going ahead.

High USD is good for them, they get paid in USD in PNG. This is like someone paying you to buy a company.
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