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 > Very interesting

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Comment by AVALONSHARKon Aug 04, 2023 9:08am

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Post# 35572910

RE:RE:RE:RE:Very interesting

They are walking on extremely thin ice. Everyone knows the potential of the PNG business and trying to spin it off (read sell it) to existing shareholders at a low valuation can initiate lawsuits.

Really boils down to the independent valuation of the PNG business. The piece is profitable with good assets, no competition and assured market with the start of Papua LNG project. I'll be listening to the call today VERY closely.

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