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.

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High Arctic Energy Services Inc > Nitrogen Assets - Sale Closed?

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Post by Stonksonlyup90on Oct 25, 2023 2:41pm

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Post# 35700642

Nitrogen Assets - Sale Closed?

Was management able to execute and close the sale of the Nitrogen assets? There was a press release in July that they were pushing closing back to August.. but I don't see any PR stating it's been closed.

... Wondering if management failed to execute there as well...

If they did manage to close for $1.3M cash, should end Q3 with Cash + A/R - AP of roughly $1.04 (per DILUTED share)

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