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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

Post by impegaon Oct 03, 2023 1:42pm
137 Views
Post# 35667311

Current valuation PNG

Current valuation PNGIt is obvious to me the mgmt. prefers a low valuation for now only to be unlocked later as a private company. Of course this benefits the shareholders who can or are willing to hold private company shares in their stock accounts without liquidity. Why else would they suddenly change their tune and highlight the risks and lack of guarantees of their PNG business in the latest news release.<br /> <br /> I hope they prove me wrong and unlock the value for ALL current shareholders of the public company.
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