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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

Comment by Stonksonlyup90on Nov 15, 2023 4:42pm
125 Views
Post# 35737861

RE:RE:RE:possible transaction?

RE:RE:RE:possible transaction?Valuation type inputs are highly subjective and surprisingly they were able to convince the auditors to impair the assets... more shockingly why didn't the auditors push for an impairment of these assets in the past?!?!

Regardless, it's a moot point. PNG is already being valued as a ZERO by the market and shareholders equity is still $2.00 per share after the impairment!

So when is the conference call?
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