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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

Energy Oil & Gas Equipment & Services
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

High Arctic Energy Services Inc
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Post by AVALONSHARKon Oct 01, 2023 1:27am
256 Views
Post# 35663710

New management hire

New management hireIn the middle of all this nonsense, they hired a very senior Santos professional to "grow" their drilling business in PNG and the region.

Given the investor backlash I was expecting them to backtrack on the re-org but the apparent de-valuation of their own assets makes no sense.

Chris Fraser (new hire) used to run the show for Santos in PNG and must have been an expensive hire. 
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