HWO High Arctic Energy Services Inc

High Arctic Energy Services Inc. (TSX: HWO) "High Arctic" or the "Corporation” announces a correction to specific information contained in the press release of March 11, 2022. The TSX has set the ex-dividend date for the $0.005 per share dividend payable on May 12, 2022 as Thursday, April 28, 2022. The Company previously announced the ex-dividend date as Friday, April 29, 2022.

About High Arctic

High Arctic’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 western Canadian operation provides well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of exploration and production companies.

For further information, please contact:

Lance MierendorfChief Financial Officer1.587.318.22181.800.668.7143

High Arctic Energy Services Inc.Suite 2350, 330–5th Avenue SWCalgary, Alberta, Canada T2P 0L4website: www.haes.caEmail: info@haes.ca