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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 DudeRancher1953on Oct 03, 2022 10:58am
272 Views
Post# 35001502

RE:RE:RE:RE:RE:Bad news

RE:RE:RE:RE:RE:Bad newsYou raise good points as does JonSmith in his reply to you.
I would just add that some (like me) have concerns regarding a potential for increased cash burn due to delayed PNG rig deployment, G&A expenses without contribution of CDN operations and the unknown of additional capital expenditures that may be needed for rig upgrades/additions.
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