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 > Enterprise Group and McCoy

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Comment by longrun86on Nov 10, 2023 6:18pm

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Post# 35729594

RE:RE:RE:RE:RE:RE:Enterprise Group and McCoy

Hi Possibleidiot,

I am not a shareholder in MCB anymore but I did very well with them in the past. Jim is a very high quality guy and has great vision for MCB. The deal they closed to do the sale and leaseback of the property for a gain that I believe was pretty close to the entire value they paid for business and building was pretty impressive.

I think that HWO can come back around if PNG is a go. If PNG doesn't look like its going to happen in any material way, then the downside here is priced in fairly well.

At the end of the day, these are two very different companies. Perhaps HWO will become a MCB customer in the coming months and I would be very happy for that to be the case.

Have a great weekend!

LR

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