Jay Wilcox

Please click here to view the Q2 Press Release.

Calgary, Canada – July 28, 2014 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce that it has completed the previously announced acquisition (the “Acquisition”) of two heli-portable drilling rigs and associated ancillary equipment for approximately USD$29 million. The total commitment to purchase, deliver, upgrade and commission the two drilling rigs has been estimated at USD $52 million. The rigs are currently on route to Houston, Texas  to be  upgraded and commissioned.  Rig 115 will be completed first and then shipped to Papua New Guinea (“PNG”) to be deployed under the previously announced two year drilling contract with an anticipated first spud date in early 2015.  Efforts continue to secure a contract for Rig 116 in PNG. The Acquisition was partially funded with a bought deal public financing (the “Offering”) through a syndicate of underwriters led by National Bank Financial Inc. that included PI Financial Corp., AltaCorp Inc. and Lightyear Capital Inc., and which closed on June 11, 2014. Pursuant to the Offering, High Arctic issued 5,051,000 subscription receipts (the “Subscription Receipts“) at a price of $4.95 per Subscription Receipt for gross proceeds of approximately CND$25 million. In accordance with their terms, each Subscription Receipt was exchanged for one common share of the Corporation (“Common Share”) on July 28, 2014 upon closing of the Acquisition and the proceeds from the sale of the Subscription Receipts were released from escrow.  Holders of Subscription Receipts are not required to take any action in order to receive the Common Shares to which they are entitled. Holders of the Subscription Receipts shall receive an amount equal to the $0.015 per Common Share dividend that was paid on July 14, 2014 to holders of record at June 30, 2014. This amount will be paid on July 28, 2014 to the holders of Subscription Receipts on the exchange date. At July 28, 2014, High Arctic has 55,434,952 Common Shares outstanding, including the Common Shares issued pursuant to the Subscription Receipts.   Forward Looking-Statements Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Corporation’s future performance. The use of any of the words “could”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation’s current belief or assumptions as to the outcome and timing of such future events.  In particular, forward-looking statements contained in this press release include, but are not limited to: the expected effects of the Acquisition and the payment of the dividend equivalent amount to Subscription Receipt holders. These forward-looking statements are based on assumptions and are subject to numerous risks and uncertainties, certain of which are beyond the Corporation’s control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, competition, stock market volatility and the ability to access sufficient capital.   Actual future results may differ materially. The Corporation’s annual information form for the year ended December 31, 2013 and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Corporation disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.   About High Arctic The Corporation is a provider of specialized oilfield equipment and services for drilling, completion and work over operations.  Based in Alberta, High Arctic has operations throughout Western Canada and in Papua New Guinea. The Corporation’s most recent investor presentation can be found at haes.ca.   Further Information Ken Olson Chief Financial Officer Phone: 403 580 7836 ext 103 Email: ken.olson@z6a.d3d.myftpupload.com

Calgary, Canada – June 13, 2014 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to announce the planned addition of two new executives. Mr. Tim Braun has agreed to join High Arctic as Chief Executive Officer effective on July 2, 2014. Tim has spent 33 years in the oilfield services sector primarily with several large drilling contractors. Most recently, he spent eight years as a senior executive with an international drilling contractor, Saxon Energy Services, in several capacities including Chief Operating Officer. Prior thereto, he spent over 10 years with Precision Drilling Corporation. With his extensive background in international oilfield services, Tim brings valuable experience to High Arctic as it grows its international operations and seeks to expand its Canadian services. Tim will be based in the Calgary office. Mr. Darren Greer has also agreed to join High Arctic with an expected start date in September. Darren will take over the role of President, International and will have overall responsibility for the business in Papua New Guinea and for developing additional regional business opportunities. Darren will be based in the newly established Brisbane office. Darren is a professional engineer and spent twelve years in senior petroleum and drilling engineering roles, primarily with a major Australian oil company. For the past four years, he has been an executive with Easternwell, an Australia oilfield services contractor, most recently as Chief Operating Officer. His extensive knowledge of the business from an operator perspective will be valuable in delivering solutions to our customers. With the appointment of Mr. Braun, Dennis Sykora will step down from the role of Interim Chief Executive Officer. He will continue as a member of the Board of Directors and will provide support as a member of its Executive Committee. With the appointment of Darren, Kevin Doran, the current President, International, is expected to transition into retirement. Mike Maguire, Vice President International Operations, joined High Arctic in December 2013 and has already assumed responsibility for the operations in Papua New Guinea as part of the ongoing succession planning for High Arctic. Michael Binnion, Chairman of High Arctic, stated, “Tim and Darren each bring a complementary range of skills and experience which will benefit High Arctic as it expands its business. We wish to thank Kevin for his tremendous efforts during the past seven years. We recognize the instrumental role Kevin has played in the growth and evolution of our business in PNG and I am confident we are in good hands going forward. I am pleased that he will make himself available to aid in the transition and we wish him improved health in his retirement.” Forward-Looking Statements This news release may contain forward-looking statements relating to expected future events and financial and operating results of the Company that involve risks and uncertainties. Actual results may differ materially from management expectations, as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and the risks and uncertainties detailed in both the Company’s Management’s Discussion and Analysis for the three months ended March 31, 2014 and in the Annual Information Form for the year ended December 31, 2013 found on SEDAR (www.sedar.com). Due to the potential impact of these factors, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. About High Arctic The Company is a provider of specialized oilfield equipment and services for drilling, completion and work over operations. Based in Alberta, High Arctic has operations throughout Western Canada and in Papua New Guinea. The Company’s most recent investor presentation can be found at haes.ca. Further Information Ken Olson Chief Financial Officer (403) 508-7836 ken.olson@z6a.d3d.myftpupload.com