Author: Vasant Jain | Chief Editor, Analyst
Editor's Note: High Arctic Energy Services trades with more liquidity on the Toronto Stock Exchange under ticker HWO.
High Arctic Energy Services (OTC:HGHAF) ("High Arctic" or "HWO") is an international oilfield services contractor with operations in Western Canada and Papua New Guinea ("PNG"). The company has a leading market position for contract drilling, well completion, and rental services in PNG, and is the market leader for snubbing services in Canada.
Leading Market Position in PNG
Given that HWO has been operating in PNG for over 10 years, the company has garnered significant market power through its relationships with major E&P companies in the region. Furthermore, HWO has the newest
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