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High Arctic Energy Services Inc (HWO.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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1.3000+0.0300 (+2.36%)
At close: 3:58PM EDT

High Arctic Energy Services Inc

700 2nd Street SW
Suite 500
Calgary, AB T2P 2W1
403 508 7836

IndustryOil & Gas Equipment & Services
Full Time Employees395

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael Rupert Binnion C.A.Exec. Chairman75.06kN/A1961
Mr. Michael Joseph MaguireCEO & Pres364.95kN/AN/A
Mr. Donald Laine PackExec. VP271.31kN/AN/A
Mr. Stephen LambertVP of Bus. Support & Chief Process Officer299.06kN/AN/A
Mr. Samuel WardVP of Operations – PNG283.88kN/AN/A
Ms. Catherine B. TearoeGen. Counsel & Corp. Sec.N/AN/AN/A
Ms. Margo GasserHR Mang.N/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.


High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada, Papua New Guinea, and the United States. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers snubbing services, including foothills standalone snubbing system for completions and workovers; Hydraulic Workover (HWO) Units, such as a patented L-Frame equipment configuration; Rig Assist Snubbing Unit, a truck-mounted hydraulic system to manage underbalanced wellbore conditions; and Power Tower to install a snubbing unit and blowout preventers in one lift. The company also rents oilfield equipment comprising accumulators, blowout preventers, casing cutters and scrappers, hydraulic catwalks, rig shacks, chokes, boilers, boiler blowdown tanks, generators, light towers, cross over and rotary subs, elevators, EUE collars, fire suppression kits, fuel tank skid, hot tap kit, mud cans, pickers, pipe racks, power swivels, pumps, slips, spools, flanges, thread washers, tongs, trailers and accommodations, tubing, gate, plug, hydraulic/air actuated, and safety valves; and kelly cocks for drilling, completions, workover, and abandonment of oil and gas operations. In addition, it provides nitrogen pumping units; and well servicing. Further, the company owns and operates two heli-portable drilling rigs in Papua New Guinea; and support equipment, such as rig matting, crawler cranes, water pumps, forklifts/wheel loaders, telehandlers, lighting towers, camps, trucks, wash-down packages, vehicles, and drill pipe and BHA. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada.

Corporate Governance

High Arctic Energy Services Inc’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.