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Added to YB: 2025-07-09

Pitch date: 2025-07-04

HOH.V [bullish]

High Arctic Overseas Holdings Corp.

+7.55%

current return

Author Info

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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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Weird Shit Investing 2025 - High Arctic Overseas Holdings

HOH.V: Oilfield services co in Papua New Guinea trading at negative EV (debt-free, cash-rich). Currently no rigs contracted from 3 owned/operated, but historically generated CAD 10-20m pre-COVID. Papua LNG project (TotalEnergies/ExxonMobil/Santos) delayed to 2026 is major catalyst. 5x return potential if business recovers and valued at 4-5x EBIT.

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