Business
High Arctic Earns $2.2 million for the Quarter ended September 30, 2010
High Arctic Earns $2.2 million for the Quarter ended September 30, 2010
About this update from High Arctic Energy Services Inc
[{"type":"text","content":"\n\n\n\n Nov. 10, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY\n CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/\n\n\nRED DEER, AB, Nov. 10 /CNW/ - High Arctic Energy Services Inc. (TSX:\n HWO) ("High Arctic" or the "Corporation") today announced its results\n for the three and nine months ended September 30, 2010.\n\n\nCommenting on the results, Bruce Thiessen, CEO, said, "I am pleased that\n we have been able to record three consecutive quarters of positive\n earnings.  The results indicate that management remains focused on\n maintaining a competitive cost structure and improving operating\n efficiencies.  Revenue, net earnings, EBITDA and operating earnings\n from continuing operations all improved in the third quarter of this\n year as compared to last year.  The progress that has been made so far\n positions us favourably for the remainder of 2010".   \n\n\nSelected Comparative Financial Information\n\n\nThe following is a summary of selected financial information of the\n Corporation:\n\n\n\n\n \n\n\nThree Months Ended   \nSeptember 30\n\n\n \n\n\nNine Months Ended\nSeptember 30\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n$ millions\n\n\n2010\n\n\n2009\n\n\nChange\n\n\n \n\n\n2010\n...