Added to YB: 2026-02-10
Pitch date: 2026-02-08
HOH.V [neutral]
High Arctic Overseas Holdings Corp.
-3.91%
current return
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Company Info
High Arctic Overseas Holdings Corp. provides contract drilling, well completion, and other oilfield services in Papua New Guinea.
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Value & Error 2025 Annual | Micro Caps: High Arctic Overseas Holdings
HOH.V (holding update): Micro cap drilling services in Papua New Guinea trading below $14M USD net cash. Breakeven since 2020 COVID shutdown vs $30M avg EBIT 2013-19 during PNG-LNG project. Santos/Exxon/Total planning Papua-LNG & P'nyang-LNG 20+ yr projects. Sole major PNG driller. Call option on LNG return, $10+ target when projects resume.
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