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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 colouramaon Jul 20, 2023 5:49pm
85 Views
Post# 35550566

RE:RE:RE:RE:Another Day

RE:RE:RE:RE:Another DayI am curious what Cyrus Capital thinks of the spin off, since the proposal would be dead on arrival without their support (given the 49% ownership).

How do they know that Cyrus will give their approval to it? That will be absolutely critical for them. I have to assume that they are in contact with each other at this point to make the plan work for Cyrus.






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