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 > possible transaction?

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Comment by colouramaon Nov 15, 2023 4:38pm

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Post# 35737851

RE:RE:possible transaction?

Doesn't look like anything significant to the delay, just couldn't get the results out when they said they would.

Not sure what to make of the non-cash impairment of $20 million in PNG - some sort of tax saving measure? How would they know that those assets are impaired when future PNG activity hasn't even been established yet?

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