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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 impegaon Aug 04, 2023 2:23pm
137 Views
Post# 35573884

RE:RE:RE:Valuing the PNG Bus w/rights offering

RE:RE:RE:Valuing the PNG Bus w/rights offering
Jonathon you are very on point. If they see opportunity in Canada, they currently have plenty of capital to deploy profitably.  There is no reasonn to sell PNG to raise capital. It seems obvious that Cyrus is driving this initiative as they have the most to gain.

We'll probably walk away with a little more than the current share price but we would get a lot more by staying the current course.

Still wondering how you exit the private PNG company down the road if you choose that option.
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