Jay Wilcox – Page 15 – High Arctic Energy Services

High Arctic Announces Renewal of Normal Course Issuer Bid

[fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” gradient_top_color=”” gradient_bottom_color=”” gradient_type=”vertical” gradient_direction=”0deg” gradient_force=”yes” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”3%” padding_right=”10%” padding_bottom=”0px” padding_left=”10%”][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”yes” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” gradient_top_color=”” gradient_bottom_color=”” gradient_type=”vertical” gradient_direction=”0deg” gradient_force=”yes” background_color=”” background_image=”” background_position=”left top” undefined=”” background_repeat=”no-repeat” hover_type=”none” border_size=”” border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” class=”” id=””] CALGARY, Alberta, Nov. 15, 2018 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce that it has made the necessary filings and received the necessary approvals to conduct a normal course issuer bid (“NCIB”) through the facilities of the Toronto Stock Exchange (“TSX”). The TSX has accepted the Corporation’s notice to conduct the NCIB to purchase outstanding common shares on the open market, in accordance with the rules of the TSX. As approved by the TSX, the Corporation is authorized to purchase up to 2,700,386 common shares, representing approximately 10% of the public float of High Arctic, being 27,003,864 as of November 12, 2018. As of November 12, 2018 there were 51,176,765 common shares outstanding. The maximum number of common shares that High Arctic may purchase on any given day is 9,544 common shares, which is 25% of the Corporation’s average daily trading volume on the TSX for the previous six months. High Arctic may also make one weekly block repurchase which exceeds the daily limit subject to prescribed rules. All common shares acquired under the NCIB will be cancelled. The Corporation is authorized to make purchases during the period from November 19, 2018 to November 18, 2019, or until such earlier time as the NCIB is completed or terminated at the option of the Corporation. Any common shares the Corporation purchases under the NCIB will be purchased on the open market through the facilities of the TSX or alternative Canadian markets, at the prevailing market price at the time of the transaction. The Corporation has appointed National Bank Financial as its broker to conduct the NCIB transactions under an automatic purchase plan agreement (“APPA”) dated November 14, 2018. The APPA will allow National Bank Financial to purchase common shares under the bid during internal blackout periods when the Corporation would normally not be permitted to trade in its shares. Such purchases will be at the sole discretion of National Bank Financial based on direction received from High Arctic prior to any blackout period and in accordance with all regulatory and securities law. Management of the Corporation believes that from time to time the market price of the High Arctic common shares may not reflect their underlying value and that, at such times, the purchase of common shares for cancellation will increase the proportionate interest of, and be advantageous to, all remaining shareholders. In addition, the purchases by High Arctic under the NCIB may increase liquidity to the Corporation’s shareholders wishing to sell their common shares. The Corporation’s previous NCIB expired on September 18, 2018 and under that program, a total of 2,227,774 common shares at a weighted average price of $3.94 per share have been repurchased for cancellation. 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 is a market leader providing drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis in Papua New Guinea. The Canadian and US operation provides well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada and the United States. For more information, please contact: J. Cameron Bailey President & CEO Phone: 587-318-3826 Email: cam.bailey@haes.ca Jim Hodgson Chief Financial Officer Phone: 587-318-2218 Email: jim.hodgson@haes.ca [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

High Arctic Reports 2018 Third Quarter Results

[fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” gradient_top_color=”” gradient_bottom_color=”” gradient_type=”vertical” gradient_direction=”0deg” gradient_force=”yes” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”0px” padding_right=”10%” padding_bottom=”0px” padding_left=”10%”][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”yes” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” gradient_top_color=”” gradient_bottom_color=”” gradient_type=”vertical” gradient_direction=”0deg” gradient_force=”yes” background_color=”” background_image=”” background_position=”left top” undefined=”” background_repeat=”no-repeat” hover_type=”none” border_size=”” border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_text] Calgary Alberta, November 8, 2018 – High Arctic Energy Services Inc. (TSX: HWO) – “High Arctic” or the “Corporation” is pleased to announce its 2018 third quarter results. Mr. J. Cameron Bailey, High Arctic’s CEO stated: “This quarter included the beginning of positive results from our expansion of well servicing into the United States, the ramp up in activity in Canada following spring break-up, and consistent drilling operation in PNG following relief efforts of the earthquake which occurred earlier in the year. This has led to an outstanding quarter for the Company having established a solid platform from which to grow operations.”…For the full copy of the release click the link below. High Arctic Reports 2018 Third Quarter Results [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

High Arctic Announced Third Quarter Results and Hosts Q3 Conference Call

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 access the conference call by telephone, dial: 1-888-254-3590 or 416-640-5944. The conference call will be available for replay two hours after the call ends at 1-800-408-3053 and entering passcode 2897193# and will remain available until December 13, 2018. An audio recording of the call will also be available within 24 hours on High Arctic’s website at haes.ca. Financial Statements and Management’s Discussion and Analysis will also be posted to haes.ca and SEDAR after the results are released. 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 well servicing, 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. For further information contact: J. Cameron Bailey Chief Executive Officer Phone: 587-318-3826 cam.bailey@haes.ca Jim Hodgson Chief Financial Officer Phone: 587-318-2218 jim.hodgson@haes.ca

High Arctic Declares Monthly Dividend

Calgary, Canada – October 22, 2018 – 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 November 14, 2018 to holders of High Arctic common shares of record at the close of business on October 31, 2018. The ex-dividend date is October 30, 2018. 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 is a market leader providing drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis in Papua New Guinea. The Canadian and US operations provide well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada and the United States. For more information, please contact: J. Cameron Bailey Chief Executive Officer Phone: 587-318-3826 cam.bailey@haes.ca Jim Hodgson Chief Financial Officer Phone: 587-318-2218 jim.hodgson@haes.ca

High Arctic Declares Monthly Dividend

Calgary, Canada – September 19, 2018 – 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 October 12, 2018 to holders of High Arctic common shares of record at the close of business on September 28, 2018. The ex-dividend date is September 27, 2018. 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 is a market leader providing drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis in Papua New Guinea. The Canadian and US operations provide well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada and the United States. For more information, please contact: J. Cameron Bailey Chief Executive Officer Phone: 587-318-3826 cam.bailey@haes.ca Jim Hodgson Chief Financial Officer Phone: 587-318-2218 jim.hodgson@haes.ca

High Arctic Declares Monthly Dividend

Calgary, Canada – August 22, 2018 – 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 September 14, 2018 to holders of High Arctic common shares of record at the close of business on August 31, 2018. The ex-dividend date is August 30, 2018. 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 is a market leader providing drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis in Papua New Guinea. The Canadian operation provides well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada. For more information, please contact: J. Cameron Bailey Chief Executive Officer Phone: 587-318-3826 Email: cam.bailey@haes.ca Jim Hodgson Chief Financial Officer Phone: 587-318-2218 Email: jim.hodgson@haes.ca

High Arctic Announces Acquisition of Powerstroke and Expansion into the United States

Calgary, Canada – August 20, 2018 – High Arctic Energy Services Inc (“High Arctic”) is pleased to announce it has acquired all of the shares of Powerstroke Well Control Ltd (“Powerstroke”), increasing its snubbing and well service fleet and expanding its geographic footprint. Powerstroke is a well service company established in 2004, currently operating a total of eight hydraulic work over units and a heavy capacity new build service rig and drilling package. Powerstroke is headquartered in Grand Prairie, Alberta, and has offices in Greeley, Colorado and Williston, North Dakota, where they have been successfully offering snubbing service and well services to companies operating in the Bakken, North Dakota and in the Niobrara, Colorado. The purchase price is a total of $9.4 million which consists of the reimbursement of costs for the new build service rig and the balance based on an adjusted EBITDA multiple of 5x for the established snubbing business. The acquisition establishes an entry into the United States for High Arctic, where it plans on expanding its well service offering. The trend toward longer well bores and increased number of stages in each well bore has increased the demand for pressure control equipment required for well completions. After the acquisition High Arctic will own 17 snubbing units, making it the largest snubbing operator in Canada. Of the total fleet of 17 snubbing units it is planned that eight units will be marketed in the United States, initially focused on well service and completion work in the Niobrara and the Bakken. The acquisition will also allow for immediate service rig equipment deployment in the United States, and increases High Arctic’s well service rig count to 58. As part of the acquisition Tim Dewald will join High Arctic as the Vice President, Pressure Services and Business Development and Matt MacLean will join as Vice President, US Operations. Mr. J. Cameron Bailey, Chief Executive Officer commented: “We are very pleased we could form a business combination consisting of Powerstroke and High Arctic, as both companies have a reputation of providing very high-quality service to its clients. We are particularly excited about our ability to help build upon the success Powerstroke has had with its offering of services in the United States.” 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 is a market leader providing drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis in Papua New Guinea. The Canadian and US operation provides well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada and the United States. For further information contact: J. Cameron Bailey Chief Executive Officer Phone: 587-318-3826 Email: cam.bailey@haes.ca Jim Hodgson Chief Financial Officer Phone: 587-318-2218 Email: jim.hodgson@haes.ca

High Arctic Reports 2018 Second Quarter Results

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High Arctic Announces Agreement with Oil Search Limited

[fusion_builder_container hundred_percent=”no” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” overlay_color=”” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” padding_top=”” padding_bottom=”” padding_left=”” padding_right=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” hover_type=”none” link=””][fusion_text] Calgary, Canada – August 9, 2018: High Arctic Energy Services Inc is pleased to announce that it has agreed to terms with Oil Search Limited (“OSL”, http://www.oilsearch.com/) for a three year contract renewal for its primary contracts in Papua New Guinea (“PNG”) covering the Drilling Rigs 103 and 104 and the drilling support services related to the supply of personnel and rental equipment to support the related drilling operations. The renewal will be effective August 1, 2018 for a three year term and includes options to further extend on the same terms and conditions. The two parties have agreed to suspend any further discussions on the formation of a joint owned drilling company but have not ruled out revisiting discussions on a commercial arrangement regarding the ownership and operations management of the OSL drilling rigs in PNG again in the future. Commenting on the renewal, Bill Easson, General Manager Drilling, for OSL, said; “The renewal of these contracts follows a long period of joint review of the best commercial mechanisms to most cost effectively deliver high quality drilling services in Papua New Guinea. Over the last decade, our companies have forged a strong partnership that continues to set the benchmark for safe and efficient well construction in the challenging PNG environment. This contract commitment reflects Oil Search’s recognition of, and confidence in, High Arctic’s quality service delivery in Papua New Guinea.” The PNG-LNG facility which was shutdown for a period following a significant earthquake in February has returned to full production (more details can be found at http://www.pnglng.com.) High Arctic anticipates the announcement of a decision to expand this facility and develop the Papua LNG project as per guidance provided by the main participants earlier this year. With a new three year agreement in place, High Arctic is well positioned to deliver the services required by OSL to continue both its exploration-appraisal and development program that will contribute to the expansion of the PNG-LNG facility. Currently Rig 103 is drilling Barakewa 3 which aims to confirm additional gas reserves in that field. It is anticipated that Rig 104 will soon recommence moving to the Muruk 2 well site, where it will test the extent of the field discovered last year with the drilling of Muruk 1. Mike Maguire, President – International for High Arctic, commented “We have been working with OSL continuously since first arriving in Papua New Guinea in 2007 and have been committed from day one to being their partner of choice in accomplishing their goals in Papua New Guinea. We are pleased when reflecting back on the growth of our two organizations during the past ten years together. OSL has a deep commitment to PNG and invests heavily in the communities it works in. They led from the front during the recent earthquake on recovery and support and we were pleased to be able to help them. Our joint focus on safety and the wellbeing of those in our community underpins this commitment. We are proud to be OSL’s drilling service company of choice, helping them to deliver on their commitments to the country, their communities, workers and shareholders.” The terms of the extensions are substantially similar to the previous contracts with some inflationary provisions in the drilling rig day rates applying annually through the term, and some increased flexibility in scaling the operation and reducing costs to both parties. This cornerstone contract is flexible and scalable with activity and positions High Arctic well to respond quickly to the future drilling opportunities. 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 is a market leader providing drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis in Papua New Guinea. The Canadian operation provides well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada. For further information contact: J. Cameron Bailey                                 Chief Executive Officer Phone: 587-318-3826 Email: cam.bailey@haes.ca Jim Hodgson Chief Financial Officer Phone: 587-318-2218   Email: jim.hodgson@haes.ca [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Two Years Recordable Incident Free

[fusion_builder_container hundred_percent=”no” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” overlay_color=”” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” padding_top=”” padding_bottom=”” padding_left=”” padding_right=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” hover_type=”none” link=””][fusion_text] High Arctic realised the goal of maintaining a zero total recordable incident rate across the business for a total of two years. [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]