Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 March 20, 2015 - 4:05 PM EDT
Print Email Article Font Down Font Up Charts
High Arctic Declares Monthly Dividend

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/

CALGARY, March 20, 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 April 14, 2015, to holders of High Arctic common shares of record at the close of business on March 31, 2015. The ex-dividend date is March 27, 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.

Ken Olson, Chief Financial Officer, Phone: 403 508 7836 ext 103, Email: ken.olson@haes.caCopyright CNW Group 2015

Source: Canada Newswire (March 20, 2015 - 4:05 PM EDT)

News by QuoteMedia
www.quotemedia.com