High Arctic Continues Outstanding Corporate Safety Performance
30 September 2019 - 11:00PM
High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the
“Corporation”) is pleased to report on outstanding operational
safety performance. Recently the Corporation achieved two
million work hours incident free in international operations,
twelve months lost time incident free in North America and was
recognized by the International Association of Drilling Contractors
– Australasian Chapter ("IADC-AC"). These successes continue
to entrench safety in the culture of High Arctic and heighten focus
to eliminate unwanted events through collaboration with
stakeholders.
On August 24th, 2019, High Arctic's Papua New
Guinea ("PNG”) operations reached the world-class milestone of
three years Total Recordable Incident Free. On September 26th that
milestone extended to two million work hours without significant
injury to its people. Not one person needed medical treatment or
missed any work time because of a workplace incident. This
sustained performance excellence culminated in High Arctic again
receiving the IADC-AC Australasian Safety Statistics Award for
2018, which High Arctic also won in 2017 and 2015.
On September 25th, 2019, High Arctic’s Canadian
operations celebrated a total of twelve months Lost Time Injury
Free. Safety performance is a principal focus of operations and
North American operations have delivered record results. At Cold
Lake, Alberta operations, in conjunction with a key customer, High
Arctic has achieved 6.2 years and 1.5 million work hours Recordable
Incident Free.
High Arctic made a commitment ten years ago to a
quality program based on the idea that doing it right the first
time means it will be safe every time. High Arctic
works for many of the world’s top oil and gas companies often in
some of the most difficult operating and logistical
areas. Top quality operations, logistics and safety are
the reasons the Corporation has been able to maintain these
clients, increase market share and maintain high equipment
utilization rates in tough market conditions.
Many companies have aspirational zero targets
for safety. High Arctic has achieved this target in its PNG
operations which it has been able to sustain for three years of
recordable incident free operations. Mike Maguire, President
– International, said “I am very proud of our Papua New Guinean
workforce who consistently prove to the rest of the world-wide oil
and gas industry that a quality driven focus on doing things right
first time leads to sustained high performance, peer recognition
and is beneficial for all stakeholders. We are glad to make
such a positive contribution to an industry so vital to the people
of PNG.”
High Arctic understands that these achievements
do not come by luck. Hard work, dedication to safe work initiatives
and skills development through internationally recognised training
of its personnel are fundamental to this result. High Arctic
recognises the strong community values throughout PNG, Canada and
the USA and fosters these values within their business to unite all
workers towards a common goal.
High Arctic is looking forward to continuing to
maintain safety leadership and thanks our supportive clients and
all of those who have been involved in and contributed to these
safety achievements.
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 is a market leader providing
drilling and specialized well completion services and supplies rig
matting, camps and drilling support equipment on a rental basis in
Papua New Guinea. The Canadian and US operations provides
well servicing, well abandonment, snubbing and nitrogen services
and equipment on a rental basis to a large number of oil and
natural gas exploration and production companies operating in
Western Canada and the United States.
For more information, please contact:
J. Cameron BaileyChief Executive OfficerPhone:
587-318-3826Email: cam.bailey@haes.ca |
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Jim HodgsonChief Financial OfficerPhone:
587-318-2218Email: jim.hodgson@haes.ca |
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