/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/
CALGARY, Aug. 20, 2015 /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 $0.0165 per share
to holders of common shares. The dividend is payable on
September 14, 2015, to holders of
High Arctic common shares of record at the close of business on
August 31, 2015. The ex-dividend date
is August 27, 2015. The dividend is
designated as an "eligible dividend" for Canadian Income Tax
purposes.
About High Arctic
High Arctic is a publicly traded company listed on the Toronto
Stock Exchange under the symbol "HWO". The Corporation's
principal focus is to provide drilling and specialized well
completion services, equipment rentals and other services to the
oil and gas industry.
High Arctic's largest operation is in Papua New Guinea where it provides drilling
and specialized well completion services and supplies rig matting,
camps and drilling support equipment on a rental basis. The
Canadian operation provides snubbing services, nitrogen supplies
and equipment on a rental basis to a large number of oil and
natural gas exploration and production companies operating in
Western Canada.
SOURCE High Arctic Energy Services Inc.