Calgary, Canada – February 19, 2014 – 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 $0.0125 per share to holders of common shares. The dividend is payable on March 14, 2014, to holders of High Arctic common shares of record at the close of business on February 28, 2014. The ex-dividend date is February 26, 2014. The dividend is designated as an “eligible dividend” for Canadian Income Tax purposes.
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 www.haes.ca.