High Arctic Declares Monthly Dividend
January 23 2018 - 4:29PM
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 February
14, 2018 to holders of High Arctic common shares of record at the
close of business on January 31, 2018. The ex-dividend date
is January 30, 2018. The dividend is designated as an
"eligible dividend" for Canadian Income Tax purposes.
About High ArcticHigh 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.
For more information, please contact:
Cam Bailey President & CEO
Phone: 587-318-3826 Email: cam.bailey@haes.ca
Brian PetersChief Financial OfficerPhone:
587-318-2218Email: brian.peters@haes.ca
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