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CALGARY,
April 21, 2015 /CNW/ - 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 May 14,
2015, to holders of High Arctic common shares of record at
the close of business on April 30,
2015. The ex-dividend date is April
28, 2015. 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 snubbing services,
nitrogen supplies and equipment on a rental basis to a large number
of oil and natural gas exploration and production companies
operating in Western Canada.
SOURCE High Arctic Energy Services Inc.