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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

Comment by AVALONSHARKon May 05, 2023 9:11am
93 Views
Post# 35432526

RE:TotalEnergies awards upstream FEED for Papua LNG

RE:TotalEnergies awards upstream FEED for Papua LNG

This means the earliest FID can happen is August 2024 !! 

Santos hasn't renewed rig 104 and heliportable 115/116 won't be necessary before active drilling restarts. This stock will be dead meat till then, if Papua LNG gets a final investment decision.

In absence of any other revenue stream or any strategic acquisition, selling Canadian business was a huge blunder and we all sufffer as a result.

I don't see any other positives.

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