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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSX:HWO - Post Discussion

High Arctic Energy Services Inc > Rig activity is heating up in Canada
View:
Post by AVALONSHARK on Feb 19, 2021 12:47pm

Rig activity is heating up in Canada

The Canadian Association of Oilwell Drilling Contractors (CAODC) says rig activity is already higher than it previously anticipated for the first quarter of this year.

https://www.bnnbloomberg.ca/oil-patch-faces-skilled-labour-shortage-as-rig-activity-ramps-up-1.1564236
Comment by AVALONSHARK on Feb 22, 2021 8:54am
We now forecast Brent prices will reach $70/bbl in 2Q21 and $75/bbl in 3Q ($10 above our prior forecasts). We expect this rally to be driven by both rising long-dated prices as well as a sustained steep level of backwardation.” - Goldman Activity has certianly increased in canada among most field services companies. Just look at the number of job openings at HWO. I know the PNG business ...more  
High Arctic Energy Services Inc