High Arctic Energy Services Inc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Lonn Bate
- Full Time Employees
- 15
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 330 – 5th Avenue SW Calgary AB Canada T2P 0L4
- IPO Date
- Oct 10, 2014
- Website
- haes.ca
- Similar Companies
- Business
- High Arctic Energy Services Inc. provides specialized oilfield rental equipment and services focused on pressure control and well completion operations in western Canada. The company offers an extensive lineup of rental products including rig matting, camps, material handling equipment, drilling support tools, pressure control equipment, and high-pressure well stimulation gear through its Delta Rental Services operations based in Red Deer and Whitecourt, Alberta; it also holds a 42% equity investment in Team Snubbing Services Inc., which delivers snubbing and hydraulic workover services across Canada and Alaska. High Arctic targets exploration and production companies in the Western Canadian Sedimentary Basin, with principal operations in Alberta and supplementary activities through investments. Founded in 1993 and headquartered at Suite 2350, 330 - 5th Ave SW, Calgary, Alberta, Canada, the company maintains industrial properties in Clairmont and Whitecourt, Alberta. In recent developments, High Arctic completed a major reorganization in 2024, spinning out its Papua New Guinea business as High Arctic Overseas Holdings Corp. listed on the TSX Venture Exchange and returning $37.8 million in capital to shareholders; it acquired Delta Rental Services in late 2023, boosting rental revenues 242% year-to-date through September 2024 and delivering positive adjusted EBITDA; additionally, the company advanced cost rationalization efforts, reduced general and administrative expenses including board compensation, and positioned for growth through selective investments and potential acquisitions in Canada.
High Arctic Announces 2026 First Quarter Results
High Arctic Overseas Announces Intention to Recommence Drilling Activity in Papua New Guinea
High Arctic Announces Annual General Meeting Results
High Arctic Announces 2026 First Quarter Results
High Arctic Announces 2025 Fourth Quarter & Full Year Results
High Arctic Announces 2025 Fourth Quarter and Annual Financial and Operating Results
High Arctic Overseas Announces 2025 Third Quarter Results
Canadian scientists describe an extinct rhino species from Canada's High Arctic
Hornless rhino roamed Canadian High Arctic 23 million years ago
High Arctic Overseas Announces 2025 Second Quarter Results
High Arctic Announces the Executive Management Changes
High Arctic Announces 2025 Second Quarter Results
High Arctic Overseas Issues Clarifying News Release
High Arctic Overseas Announces Executive Appointment
High Arctic Announces Annual General and Special Meeting Results
High Arctic Overseas Announces 2025 First Quarter Results
High Arctic Announces 2025 First Quarter Results
High Arctic Overseas Announces 2024 Fourth Quarter Results
High Arctic Overseas Announces Issuance of Stock Options
High Arctic Overseas Announces 2024 Third Quarter Results