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RED DEER, AB, Jan. 16, 2013 /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 February 14, 2013, to holders of High Arctic common shares of record at the close of business on January 31, 2013. The ex-dividend date is January 29, 2013. 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 Guinea.
SOURCE: High Arctic Energy Services Inc.
For further information:
Chief Financial Officer
403 508 7836 ext 103