Calgary Alberta, November 14, 2016 – High Arctic Energy Services Inc. (TSX: HWO) – “High Arctic” or the “Corporation” announces the retirement of Christopher Warren and Dennis Sykora from its board of directors effective November 30, 2016. These retirements are part of the ongoing board succession planning which saw the appointment of two new directors to High Arctic’s board earlier this year in anticipation of these retirements.
Mr. Warren has been a director of High Arctic, and its predecessor, since May 2005 and Mr. Sykora was an executive with High Arctic from April 2007 until September 2014 and has been a director since June 2011.
Michael Binnion, High Arctic’s Chairman stated: “On behalf of the board I would like to thank Chris and Dennis for their dedication and commitment to High Arctic during their respective tenures. They have played an important role in the evolution of High Arctic and helped create a strong foundation for its future. We wish Chris and Dennis all the best.”
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 well servicing, 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.
For more information, please contact:
Interim President & CEO
Chief Financial Officer