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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 > High Arctic Acquires Private Rental Business in Canada
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Comment by AusInveston Dec 28, 2023 3:47pm
99 Views
Post# 35803081

RE:RE:RE:RE:RE:High Arctic Acquires Private Rental Business in Canada

RE:RE:RE:RE:RE:High Arctic Acquires Private Rental Business in CanadaDoes anyone know how the share portion of the sale will occur? They are paying out the remainder of the acquisition as an earn out over three years with shares being 25% of that, would the share price used be today's share price or whatever it is trading at in the future?

If it is today's share price I'd be concerned considering how undervalued the business is today. 
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