HWO Stock Discussion

High Arctic Energy Services Inc. Description

High Arctic Energy Services Inc. is a Canada-based company, which focuses on providing contract drilling, completion services, equipment rental and other oilfield services to the oil and gas industry. The Company operates through providing oilfield services to customers in Canada and Papua New Guinea (PNG) segment. In PNG, the product line consists of contract drilling services, workover services and equipment rental including rig mats, cranes and oilfield related equipment. In Canada, the product line consists primarily of snubbing services and the supply of Cryogenic Liquid Nitrogen Pumping Services and equipment rentals. The Company holds distribution rights for the rental of Dura-Base mats within PNG. It provides drilling support equipment in PNG, such as camps, forklifts and trucks, on a daily rental basis and drilling support personnel on a daily rental rate basis. Its snubbing services are provided using the Stand Alone Snubbing System units and Rig Assist units.

Sector: Energy
Industry: Oil & Gas Equipment & Services
Keywords: Energy Oil Oil And Gas Drilling Petroleum Industry Truck Petroleum Production Energy Services Precision Drilling Drilling Services Oil And Gas Industry Trucks Guinea Oil Wells Oilfield Services Contract Drilling Equipment Rental Pump Contract Drilling Services Papua New Guinea Pumping Related Equipment Snubbing