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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 > Special Dividend?
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Comment by longrun86on Jan 06, 2023 5:09pm
169 Views
Post# 35207987

RE:RE:RE:RE:RE:RE:Special Dividend?

RE:RE:RE:RE:RE:RE:Special Dividend?PNG seems to be going in the right direction. I hate the term "Sum of the Parts" but that really does seem to be where the market ends up with the most dislocation and High Arctic appears to fit this bill. I have wondered how the controlling shareholder group monetizes the company as it is pretty far afield.

Strad was a very opportunistic buyout from the management team. Lyle has likely done very well on this post acquisition. I wasn't a shareholder at the time but I was with Macro Enterprises which was kind of a similar situation.
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