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 6:21pm

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Post# 35738019

RE:RE:RE:RE:RE:possible transaction?

Exactly, the asset impairment is I feel just a smoke screen to justify taking away the PNG assets for a lower amount.

Now they could present a transaction for example at $2.25 as "above" book value - a great deal for shareholders!! /s

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