Business Summary
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High Arctic Energy Services, Inc. is an oilfield services company operating in Western Canada, Papua New Guinea and Mexico. The business services provided by the Company include snubbing services and the supply of nitrogen related to the drilling, completion and workover of natural gas and oil wells primarily in Canada; internationally, contract drilling and workover services, and managed pressure and underbalanced drilling services, primarily in Mexico, through the Optimal Pressure Drilling Services joint venture. The Company’s services in Papua New Guinea are provided under longer term contracts than the well to well contracts common in Canada.
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