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Press release from CNW Group

High Arctic Declares Monthly Dividend

Friday, April 19, 2013

High Arctic Declares Monthly Dividend

16:01 EDT Friday, April 19, 2013

/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, April 19, 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 $0.0125 per share to holders of common shares. The dividend is payable on May 14, 2013, to holders of High Arctic common shares of record at the close of business on April 30, 2013. The ex-dividend date is April 26, 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:

Ken Olson
Chief Financial Officer
403 508 7836 ext 103
ken.olson@haes.ca

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