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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 Jul 18, 2023 1:22am
133 Views
Post# 35545393

RE:RE:RE:RE:RE:Kumul Petroleum CEO in Calgary

RE:RE:RE:RE:RE:Kumul Petroleum CEO in CalgaryI dont think HWO needs any pump. Attempts at valuation have been done by several contributors on this forum. The lowest estimates are still significantly higher than how the market is valuing this company. I personally feel the structure of the company (majority in PNG, some assets in USA, some assetss in Canada) is a reason. No potential accquirer would want all these assets together. They have no other option but to liquidate each piece seperately. Just my opinion and I stand the right to be wrong.

BDW here is the source of that picture - Wapu Sonk was indeed in Calgary last week -https://twitter.com/mrbinnion/status/1680300071412432896
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