Red Deer, Canada – October 1, 2012 – High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) announces that Robert Morin is leaving his position as Chief Financial Officer effective immediately. Dennis Sykora, Executive Vice President and General Counsel, will be acting Chief Financial Officer while a suitable replacement is recruited. Dennis has provided financial leadership at High Arctic during the past 5 years.
High Arctic thanks Rob for his services and wishes him well in his future endeavours.
Forward-Looking Statements
This news release may contain forward-looking statements relating to expected future events and financial and operating results of the Corporation 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 Corporation’s Management Discussion and Analysis for the year ended December 31, 2011 and the Annual Information Form for the year ended December 31, 2011 found on SEDAR (www.sedar.com). Due to the potential impact of these factors, the Corporation 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 Corporation, through its subsidiaries, is a provider of specialized oilfield equipment and services, including drilling, completion and workover operations. Based in Red Deer, Alberta, High Arctic has domestic operations throughout Western Canada and international operations primarily in Papua New Guinea.
Further Information
Bruce Thiessen
Chief Executive Officer
Phone: 403 340 9825
Email: bruce.thiessen@dev.haes.ca
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