10:32 AM EST - High Arctic Energy Services Inc. : Announced the signing of a contract for the provision and operation of a highly mobile land rig for use in Papua New Guinea. The formalization of the contract follows High Arctic’s conclusion of a leasing agreement with the rig owner based in Australia. The rig is currently located in Perth Australia and High Arctic is working with both its customer and the rig owner to conduct acceptance testing in the coming weeks in preparation for the export of the rig to Port Moresby in September 2017. High Arctic Energy Services Inc.
shares T.HWO are trading up $0.04 at $3.85.
