Jay Wilcox

Calgary, Canada – February 7, 2014 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to announce that its Board of Directors has approved a capital budget of $19 million for 2014 to address maintenance and incremental growth opportunities.  This budget includes growth capital expenditures of $13 million, and maintenance capital expenditures of $6 million. The $19 million includes $2.5 million of capital expenditures that were committed during fiscal 2013 but which had not yet been completed at year-end and are carried forward into 2014. The budgeted expenditures are anticipated to be funded from the 2014 operating cash flow and cash on hand. Growth spending in 2014 will include Dura-Base® matting for deployment in Papua New Guinea (“PNG”), as well as other pieces of rental equipment to support operations in PNG.  The Company is currently evaluating potential opportunities for the deployment of Dura-Base® matting solutions elsewhere in the world and has budgeted for the purchase of five hundred new mats as initial inventory. In Canada, growth spending includes one new 170K Stand-Alone Snubbing Unit.  This unit is designed for certain unique well completions tasks and helps ensure that the Company remains the snubbing market leader in the Western Canadian Sedimentary Basin. Dennis Sykora, CEO, stated “Our ongoing investments in PNG support our position as a preeminent service provider in the country, and our continuous maintenance and enhancement program in Canada ensures that we are well positioned to service the growing LNG focused activity. We continue to evaluate other growth opportunities and the conservative initial budget provides flexibility to increase our capital spending as opportunities materialize.” The Board has determined that as the Company now has more consistent cash flows, it is no longer necessary to provide early earnings estimates, and it will release its 2013 fourth quarter and full year end results in March. About High Arctic The Company is a provider of specialized oilfield equipment and services, including drilling, completion and workover related services.  Based in Alberta, High Arctic has domestic operations throughout western Canada and international operations in Papua New Guinea. The Company’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@dev.haes.ca [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_alert type=”error”]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[/fusion_alert][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

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 High Arctic Announces Addition to Board of Directors  Calgary, Canada – January 31, 2014 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to announce the appointment of Thomas M. Alford to its Board of Directors. Michael Binnion, Chairman, stated “We are pleased with the addition of Tom to the Board.  His breadth of experience will be beneficial to the Company as he brings skills and experience directly relevant to our business.” Mr. Alford is an independent businessman.  Most recently, he was the President and CEO of IROC Energy Services Corporation from 2001 until its acquisition by Western Energy Services Corporation on April 23, 2013.   Prior thereto, Mr. Alford was the President and CEO of Bonus Resource Services Corporation from December 1997 to October 2000.  Mr. Alford has over 34 years of experience in the oil and gas service industry, and received a Bachelor of Commerce degree from the University of Alberta in 1980.  Mr. Alford also sits on the Board of Directors of Western Energy Services Corporation.   About High Arctic The Company is a provider of specialized oilfield equipment and services, including drilling, completion and workover related services.  Based in Alberta, High Arctic has domestic operations throughout western Canada and international operations in Papua New Guinea. The Company’s most recent investor presentation can be found at haes.ca.   Further Information Ken Olson Chief Financial Officer Phone: 403-508-7836 ext 103 Email: ken.olson@z6a.d3d.myftpupload.com

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   High Arctic signs a new contract in PNG Calgary, Canada – December 20, 2013 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to announce that it has signed a contract for the utilization of Rig 103.  The contract continues the Company’s focus on developing a broad service offering in Papua New Guinea (“PNG”). Kevin Doran, President International, commented; “We are excited to be awarded the contract to drill wells for a new customer. We continue to be recognized as a leading oil field services provider in PNG due to our in-country experience and the safe and effective delivery of services.” The contract is expected to take approximately one year to complete on the current timeline. The equipment included in the agreement includes Rig 103, the Rig 103 leap frog rig, a 93 man main camp and a 32 man leap frog camp and High Arctic owned drilling support equipment and matting.   Forward-Looking Statements This news release may contain forward-looking statements relating to expected future events and anticipated 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, but not limited to, market and general economic conditions, and the risks and uncertainties detailed in both the Company’s Management Discussion and Analysis for the year ended December 31, 2012 and the Annual Information Form for the year ended December 31, 2012 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 Phone: 403-508-7836 ext 103 Email: ken.olson@dev.haes.ca  

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   High Arctic Announces Executive Addition Red Deer, Canada – December 2, 2013 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to announce the appointment of Michael Maguire as Vice President, International. Based in Australia, Michael will be responsible for the day to day management of the business in Papua New Guinea (“PNG”) and will report to Kevin Doran President, International. Kevin Doran, stated “Mike is a proven leader and brings with him a wealth of experience and a passion for safety that will strengthen our team in PNG. The addition of his skills will help us continue to take advantage of the growing opportunities in the country.” Michael has almost 20 years of oil field experience, the last seven years with a large Australian oilfield service company where he held a number of senior management positions. Michael holds a Bachelor’s Degree (Hons) in Petroleum Engineering from the University of New South Wales, and is a former Vice Chairman of the Australian chapter of the International Association of Drilling Contractors. About High Arctic The Company is a provider of specialized oilfield equipment and services, including drilling, completion and workover related services. Based in Alberta, High Arctic has domestic operations throughout western Canada and international operations in Papua New Guinea. The Company’s most recent investor presentation can be found at haes.ca/invest-in-us . Further Information Ken Olson Chief Financial Officer Phone: 403-508-7836 ext 103 Email: ken.olson@z6a.d3d.myftpupload.com

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   High Arctic Reports consistent year over year EBITDA  Red Deer, Canada – November 14, 2013 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) today announced its operating and financial results for the quarter ended September 30, 2013. Highlights During the first nine months of 2013 the Corporation’s efforts resulted in the following achievements: The Corporation completed its negotiations for the extensions of contracts that cover the drilling operations for Rigs 103 and 104 in PNG and the drilling support services related to the supply of personnel and rental equipment to support the related drilling.  The extensions are effective July 1, 2013 for a three year term to June 30, 2016. High Arctic entered into a contract with a major Canadian global upstream oil and gas company to provide equipment and services to their primary staging area in the southern forelands of PNG for a minimum of one year. Revenues from rentals were $20.2 million for the nine months ended September 30, 2013, a 37% increase from the $14.5 million received for the same period in 2012.  By year end, the Corporation will have over 10,000 Dura-Base® mats in PNG, virtually all under contract. Revenues increased by 6% to $114.0 million for the first nine months of 2013 as compared to the nine months ended September 30, 2012. Adjusted EBITDA stayed consistent for the first nine months of 2013 as compared to the same period in 2012 at $29.0 million (2012 – $29.6 million) and was $9.8 million for the three months ended September 30, 2013 as compared to $10.1 million for the same period in 2012 and would have been higher if not for a fire which occurred on the UB250K unit. High Arctic increased its monthly dividend to $0.0125 per share in March, 2013.  The annual dividend could total approximately $7.5 million, which represents an annualized rate of 21% of funds provided from operations during the trailing twelve months ended September 30, 2013. Commenting on the results, Dennis Sykora, High Arctic’s Chief Executive Officer, stated: “Our diversified services offerings in PNG have continued to be beneficial for the Company throughout 2013.  The growth that we’ve seen in PNG this year has been sufficient to offset the challenging Canadian market and the loss of revenues from the UB250K rig through the first nine months of the year. In spite of these challenges, we have been able to deliver consolidated results consistent with last year.” Revenues for the first nine months of 2013 increased by 6% to $114.0 million compared to $107.6 million for the nine months ended September 30, 2012.  The growth in revenue for the period was driven by increased activity in PNG with revenues of $85.9 million compared to $71.2 million for the first nine months of 2012 ($27.7 million for the three months ended September 30, 2013; $22.6 million for the three months ended September 30, 2012) as a result of having a second active drilling rig and a larger fleet of rental equipment in 2013.  Revenues derived from PNG’s rental fleet contributed approximately $20.2 million for the first nine months of 2013 (2012 – $14.5 million). The operations in PNG generated significantly higher revenue in the first nine months of 2013 which offset the slower activity levels in the Canadian operation.   Despite increased revenues, adjusted EBITDA decreased slightly to $29.0 million for the nine months ended September 30, 2013 from $29.6 million for the same period in 2012 due primarily to a reduction in the Canadian operating margin attributable to overall reduced industry activity levels. Revenue for Canada was $8.6 million for the third quarter of 2013 (2012 – $13.2 million).  For the first nine months of 2013, revenues decreased by $8.3 million (23%) from the same period in 2012 due to reduced revenue levels from both the core snubbing and nitrogen businesses which was consistent with the overall industry activity slowdown.   The operating margins in Canada were adversely affected by the reduced revenue levels and by competitive pricing conditions primarily in the nitrogen operations. Consolidated oilfield services operating margins continued to be strong at 32% of revenue for the nine months but fell slightly from 34% earned for the nine months ended September 30, 2012.  The percentage was affected by the higher rig rental costs associated with operating an additional active rig in PNG for the first half of 2013 and the lower operating margins in Canada which caused the overall reduction of $0.5 million in the operating margin.   Selected Comparative Financial Information The following is a summary of selected financial information of the Corporation.  All figures are derived from financial information that is prepared or presented in accordance with International Financial Reporting Standards (“IFRS”): Selected Quarterly Consolidated Financial Information (Three Months Ended) The following is a summary of selected financial information of the Corporation for the last eight completed quarters: Outlook The PNG LNG project continues to be on schedule to deliver first gas towards the end of 2014 which remains the focus of our main customer and their partners in the facility.  The long term outlook in PNG continues to be favourable as the LNG production will be an important cash flow stream available to be invested in new projects. High Arctic continues to pursue potential drilling opportunities with other operators in PNG and is awaiting updates by our main customer regarding their drilling program for 2014. The realization of such opportunities could mean a return to two rigs operating at some point in 2014.  In the interim, our customer continues to operate one drilling rig full time. Rig 102 was active throughout 2012 and through the first nine months of 2013.  Indications from our customer are that Rig 102 will continue working through much of the fourth quarter of 2013 and then stacked at a … Read more