High Arctic Energy Services Inc.
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Precision Drilling Acquires High Arctic's Well Servicing, Rentals Division
Precision Drilling Acquires High Arctic's Well Servicing, Rentals Division
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New Financings
Secured a US$80-million 364-day senior secured revolving credit facility and up to US$75 million in a 5.5…
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News
Precision Drilling Acquires High Arctic's Well Servicing, Rentals Division
“This acquisition significantly expands our well servicing division with high quality rigs and field personnel, strategic regional positioning, and alignment with key customers," Precision Drilling president and CEO Kevin Neveu said in a press release announced the company's acquisition of High Arctic Service's well servicing business and rental assets.