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CALGARY, Aug. 20, 2014 /CNW/ - 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 $0.015 per share to holders of common shares. The
dividend is payable on September 12,
2014, to holders of High Arctic common shares of record at
the close of business on August 29,
2014. The ex-dividend date is August
27, 2014. The dividend is designated as an "eligible
dividend" for Canadian Income Tax purposes.
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 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.
SOURCE High Arctic Energy Services Inc.