/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, April 14 /CNW/ - At the request of Investment Industry
Regulatory Organization of Canada (IIROC) on behalf of the Toronto
Stock Exchange, High Arctic Energy Services Inc. discloses to investors
that the Corporation is not aware of any reason for the recent increase
in its share price.
This news release may contain forward-looking statements relating to
expected future events and financial and operating results of the
Corporation that involve risks and uncertainties. Actual results may
differ materially from management expectations, as projected in such
forward-looking statements for a variety of reasons, including market
and general economic conditions and the risks and uncertainties
detailed in both the Corporation's Management Discussion and Analysis
for the year ended December 31, 2010 and in the Annual Information Form
for the year ended December 31, 2009 found on SEDAR (www.sedar.com). Due to the potential impact of these factors, the Corporation
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, unless required by applicable law.
About High Arctic
The Corporation, through its subsidiaries, 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.
International operations are currently active in Papua New Guinea.
SOURCE High Arctic Energy Services Inc.
For further information:
Chief Financial Officer