/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, Jan. 11, 2012 /CNW/ - High Arctic Energy Services Inc.
(TSX: HWO) ("High Arctic" or the "Corporation") is pleased to announce
the appointment of Mr. Dan Beaulieu as Vice President, Canadian
Operations effective immediately. In that capacity, he will have
responsibility for managing the Canadian operations and will be based
in the Red Deer head office.
Mr. Beaulieu has over 30 years of oilfield services experience. He has
spent the past 11 years with a major integrated oilfield services
company where he was the senior manager of a Canadian business unit.
He had joined that company as part of a transaction to sell his own
services company that he founded. Dan will play an important role in
expanding High Arctic's position as a leading well pressure control
services provider to take advantage of the growing opportunities in the
shale gas and other resource plays.
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 the Annual Information Form
for the year ended December 31, 2010 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 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 primarily in Papua New Guinea.
SOURCE High Arctic Energy Services Inc.
For further information:
Chief Executive Officer
403 340 9825