News Releases – Page 21 – High Arctic Energy Services

High Arctic Provides Third Quarter and Full Year Update

Calgary, Canada – October 22, 2015 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to provide a third quarter 2015 operations update. Third Quarter Update In Papua New Guinea (“PNG”), Rigs 103, 104 & 115 were all fully-utilized through the third quarter of 2015 and should continue to be fully-utilized through the year end and into 2016. The customer base is expanding as windows of opportunity arise in the drilling schedules of the Company’s primary customers, resulting in drilling activity with new customers. As a result of the lower global commodity prices, the Company has been focused on reducing labour and operating expenses in response to the revenue reductions being experienced by High Arctic’s customers. Operational teams remain focused on delivering a high level of service quality, which resulted in the Company earning incremental performance incentive payments in the quarter. The second heli-portable rig that High Arctic purchased in 2014, Rig 116, arrived in Papua New Guinea during the quarter and began earning standby revenue in August, slightly earlier than the Company forecasted. The rig is currently in Port Moresby awaiting deployment to its first drilling site. Mobilization to the first location will commence in 2016 once the customer has finalized their drilling plans. The two year contract term with the customer will commence when the first well is spudded. In Canada, activity levels continue to be significantly lower than those experienced in the prior year. The operations remain profitable as the business infrastructure has been adjusted to match the current demand for equipment and services. Utilization levels and rental equipment demand in the third quarter were higher than the Company forecasted. This, coupled with a reduced fixed cost structure, resulted in better than anticipated Canadian results. As a result of the incremental earnings delivered from Rigs 115 and 116 compared to the prior year, the stronger U.S. dollar, strong operational performance in PNG, and the better utilization realized in Q3 from Canadian operations, the Company expects the third quarter 2015 adjusted EBITDA to exceed $18 million. The Company’s contracted status in Papua New Guinea, the strong US dollar exchange rate, continued service quality levels, and similar quarter to quarter demand in Canada should result in fourth quarter adjusted EBITDA being similar to the third quarter. The Company expects to announce third quarter 2015 financial and operating results after the market closes on Thursday, November 12th. EBITDA & Adjusted EBITDA Earnings before interest, taxes, depreciation and amortization (EBITDA) and adjusted EBITDA are non-GAAP measures. EBITDA is a useful supplemental measure of the Company’s performance prior to consideration of how operations are financed or how results are taxed or how depreciation and amortization affects results. Adjusted EBITDA is used by management to analyze EBITDA prior to the effect of share-based compensation, gains or losses on sale of assets or investments, excess of insurance proceeds over costs and foreign exchange gains or losses. These measures do not have a standardized meaning as prescribed by International Financial Reporting Standards (IFRS). Both measures are not intended to represent net earnings as calculated in accordance with IFRS and may not be comparable to similar measures presented by other issuers. This information should not be considered in isolation or as a substitute for measures prepared in accordance with IFRS. 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 quarter ended June 30, 2015 and in the Annual Information Form for the year ended December 31, 2014 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 High Arctic is a publicly traded company listed on the Toronto Stock Exchange under the symbol “HWO”. Based in Alberta, the Company’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 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. Further Information A full copy of High Arctic’s results including the Management’s Discussion and Analysis and the Consolidated Financial Statements for quarter ended June 30, 2015 and the notes contained therein can be found on the Investor Relations page of High Arctic’s website haes.ca or at www.sedar.com. The Corporation’s most recent investor presentation can be found at haes.ca. Tim Braun Chief Executive Officer (403) 508-7836 tim.braun@z6a.d3d.myftpupload.com

High Arctic Declares Monthly Dividend

Calgary, Canada – October 21, 2015 – 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 13, 2015, to holders of High Arctic common shares of record at the close of business on October 30, 2015. The ex-dividend date is October 28, 2015. 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’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 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. Further Information Tim Braun Chief Executive Officer Phone: 403 508 7836 ext 105

High Arctic Announces Executive Resignation

Calgary, Canada – September 28, 2015 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) announces that Ken Olson is resigning from the position of Chief Financial Officer. Ken has agreed to remain with High Arctic until his replacement has been appointed. The Company has initiated a search for Mr. Olson’s successor and an announcement will be made in due course. High Arctic thanks Ken for his services and wishes him well in his future endeavors. 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 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. Forward-Looking Statements Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of the word “will”, 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 Company’s current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking information with respect to the search for a new CFO for the Company. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions inherent in forward-looking information, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. Further Information Tim Braun Chief Executive Officer Phone: 403 580 7836 Email: tim.braun@z6a.d3d.myftpupload.com

High Arctic Declares Monthly Dividend

Calgary, Canada – September 21, 2015 – 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 14, 2015, to holders of High Arctic common shares of record at the close of business on September 30, 2015. The ex-dividend date is September 28, 2015. 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’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 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. Further Information Ken Olson Chief Financial Officer Phone: 403 508 7836 ext 103

High Arctic Declares Monthly Dividend

Calgary, Canada – August 20, 2015 – 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, 2015, to holders of High Arctic common shares of record at the close of business on August 31, 2015. The ex-dividend date is August 27, 2015. 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’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 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. Further Information Ken Olson Chief Financial Officer Phone: 403 508 7836 ext 103 Email: ken.olson@z6a.d3d.myftpupload.com

High Arctic Declares Monthly Dividend

Calgary, Canada – July 22, 2015 – 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 August 14, 2015, to holders of High Arctic common shares of record at the close of business on July 31, 2015. The ex-dividend date is July 29, 2015. 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’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 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. Further Information Ken Olson Chief Financial Officer Phone: 403 508 7836 ext 103 Email: ken.olson@z6a.d3d.myftpupload.com

High Arctic Rig 115 commences drilling first well

Calgary, Canada – June 15, 2015 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to advise that Rig 115 has started drilling operations in the Gulf Province of Papua New Guinea (“PNG”) under the previously announced two year contract. Although the rig has been generating revenue since late March, the take-or-pay contract term commenced with the spudding of the first well on June 15, 2015. Tim Braun, High Arctic’s CEO, stated; “We are pleased to have Rig 115 operational in PNG, as this rig represents a significant increase to our service capabilities in the country. With the imminent deployment of Rig 116 from Houston, we anticipate the additional revenue generated from these rigs operating in PNG to significantly contribute to the profitability of the Company going forward.” Rig 116 has completed its refurbishment and upgrading in Houston, and is currently being prepared for shipment to Papua New Guinea. It is anticipated the rig will arrive into the country in late August, and once drilling commences it too will be operating under a previously announced two year term take-or-pay contract. 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, 2014 and the Annual Information Form for the year ended December 31, 2014 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 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 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. Further Information Ken Olson Chief Financial Officer Phone: 403 580 7836 ext 103 Email: ken.olson@z6a.d3d.myftpupload.com

High Arctic announces New Contracts for Mats and Rolling Stock in PNG

  Calgary, Canada – May 1, 2015 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to announce the award of two new contracts with a customer for the supply of mats and additional rolling stock to support the drilling operations of Rigs 115 and 116. The matting contract is for the provision of a minimum of 2000 mats on a firm two year term with the first 1000 commencing with the completion of Rig 115’s mobilization. The Rolling Stock contract is for the provision of cranes and tele-handlers on a firm two year term and will commence with the arrival of equipment into PNG. The combined annual revenue for these latest contracts will range between US$4 million to in excess of US$7 million on an annualized basis, dependent upon the total number of mats deployed. The mats will be drawn from High Arctic’s existing inventory in PNG. The rolling stock will be new equipment designed to handle the requirements of Rigs 115 and 116. High Arctic is also pleased to announce that Rig 115 has recently arrived in PNG and is currently being mobilized to the first drilling location in PNG. The rig is on a reduced moving rate during the mobilization period which began mid March, and will go on full operating rate once it is ready to spud the first well. The two year contract term, with anticipated annualized revenue of US$30 million, will begin on spud which is targeted to occur mid May. Tim Braun, High Arctic’s CEO, stated; “We are excited to have our drilling team in place and to be nearing the commencement of drilling operations with Rig 115. The execution of these contracts reinforces our optimism for the PNG market amidst the downturn of global commodity prices”. 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, 2014 and the Annual Information Form for the year ended December 31, 2014 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 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 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. Further Information Ken Olson Chief Financial Officer Phone: 403 580 7836 ext 103 Email: ken.olson@z6a.d3d.myftpupload.com