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.

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High Arctic Energy Services Inc > Further thoughts

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Comment by Stonksonlyup90on Jan 09, 2024 2:27pm

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Post# 35817891

RE:RE:RE:RE:Further thoughts

Any capital requirements should be funded with borrowing on a bank facility (especially in PNG). Borrowing in PNG with the local currency would create a natural hedge against any contracts that are required to be executed in local currency (PNG government has typically pushed for this, although granted exceptions in the past)

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