Calgary, Alberta November 9, 2018: High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) released its 2018 third quarter results on Thursday, November 8th, 2018 after markets closed and will host a conference call on Friday, November 9, 2018 at 11:00 a.m. MT (1:00 p.m. ET). To [...]
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High Arctic realised the goal of maintaining a zero total recordable incident rate across the business for a total of two years.
Renew contracts with Oil Search to operate drilling rigs 103 and 104 for a further 3 years and provide support services to drilling operations.
In April 2018 High Arctic’s PNG team achieved a cumulative 1 Million worked hours without a recordable incident.
Papua New Guinea is rocked by a massive 7.5 Earthquake and series of large aftershocks in late February through April 2018. High Arctic has one operation effected when fissures open on the well site but suffers no significant damage to its assets. Meanwhile High Arctic’s recordable incident free period [...]
Following the conclusion of its contract with Exxon Mobil in June 2017, and after reaching agreement in December 2017, Oil Search picks up the first load of a scaled down Rig 115 to drill an appraisal well at Kimu in the Gulf Province. The rigs flexibility is seen as [...]
High Arctic and Oil Search agree to mobilise a highly mobile land rig for use in Papua New Guinea to prove the efficacy of a small footprint rig for field optimisation work in areas with or close to existing roads.
Having many times achieved one or more years Lost Time Injury (LTI) free, High Arctic goes one step further in its efforts to eliminate all workplace injuries, by achieving one year without any recordable incidents. This subsequently continued through the whole of 2017, ensuring that 2017 represented a whole [...]