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 drilling and specializes well completion services and supplies rental equipment, including rig matting, camps, material handling, and drilling support equipment. 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 include nitrogen and oilfield rental equipment. Its fleet of pumper units operate onsite to deliver nitrogen to the oil and gas industry. The Company’s International Operations service lines include drilling rigs, workover rigs, worksite matting, and rental equipment. Its fleet of specialized rental equipment includes camps, cranes, trucks, forklifts, pumps, gensets, and lighting towers. The Company also focused on offering pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment.

TSX:HWO - Post by User

High Arctic Energy Services Inc > TotalEnergies committed to Papua LNG

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Comment by longrun86on Apr 07, 2024 12:47pm

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Post# 35975590

RE:TotalEnergies committed to Papua LNG

Thanks for posting the link. Not overly surprising news regarding the delay to 2025 given the need to re-jig the upstream contracting.

At this point in time I believe that HWO should proceed with the return of capital and keep the company in tact until there is a better indication of the future prospects at PNG.

Separating this into separate entities at this time would be for the benefit of some shareholders at the expense of others!

LR

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