/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/
RED DEER, AB, July 20, 2012 /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
$0.01 per share to holders of common shares. The dividend is payable on
August 14, 2012, to holders of High Arctic common shares of record at
the close of business on July 31, 2012. The ex-dividend date is July
27, 2012.The dividend is designated as an "eligible dividend" for
Canadian Income Tax purposes.
About High Arctic
The Corporation is a global provider of specialized oilfield equipment
and services, including drilling, completion and workover operations.
Based in Red Deer, Alberta, High Arctic has domestic operations
throughout western Canada and international operations in Papua New
SOURCE High Arctic Energy Services Inc.
For further information:
Chief Financial Officer
403 340 9825