CALGARY, Alberta, Sept. 20, 2017 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX:HWO) (“High Arctic” or the
“Corporation”) is pleased to announce that its Board of Directors has approved a monthly dividend payment of $0.0165 per share to
holders of common shares. The dividend is payable on October 13, 2017 to holders of High Arctic common shares of record at
the close of business on September 29, 2017. The ex-dividend date is September 27, 2017. The dividend is designated as
an "eligible dividend" for Canadian Income Tax purposes.
About High Arctic
High Arctic is a publicly traded company listed on the Toronto Stock Exchange under the symbol “HWO”. The
Corporation’s principal focus is to provide drilling and specialized well completion services, equipment rentals and other services
to the oil and gas industry.
High Arctic’s largest operation is in Papua New Guinea where it provides drilling and specialized well
completion services and supplies rig matting, camps and drilling support equipment on a rental basis. The Canadian operation
provides well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil
and natural gas exploration and production companies operating in Western Canada.
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