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High Arctic Energy Services Inc (HWO.TO)

HWO.TO on Toronto Stock Exchange

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Tue, Nov 28 2017

BRIEF-High Arctic Energy Services Appoints J. Cameron Bailey As CEO

* HIGH ARCTIC ANNOUNCES APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER

BRIEF-High Arctic Provides Update On Contract For Rig 115

* ‍RIG WILL COMMENCE MOBILIZATION IN Q1 2018 AND IS EXPECTED TO BE ON CONTRACT FOR APPROXIMATELY 180 DAYS​ Source text for Eikon: Further company coverage:

BRIEF-High Arctic Energy qtrly EPS $‍0.05​

* ‍Drilling services revenue declined 46% in quarter to $17.7 million from $32.9 million in Q3 of 2016 ​

BRIEF-High Arctic provides update on contract for rig 116

* High Arctic Energy Services - ‍reached agreement with an operator in Papua New Guinea on take-or-pay contract for rig 116​

BRIEF-High Arctic announces normal course issuer bid

* High Arctic Energy Services - co is authorized to purchase up to 2.9 million common shares, representing approximately 10 percent of public float of High Arctic

BRIEF-High Arctic reports Q2 earnings per share C$0.09

* Q2 revenue c$51.1 million versus I/B/E/S view c$45.5 million

BRIEF-High Arctic announces executive resignation and appointment of new director

* High Arctic announces executive resignation and appointment of new director

BRIEF-High Arctic provides update on Papua New Guinea activities

* Announce that it has entered into formal and exclusive negotiations to exchange an equal share of its owned rigs

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