May 9 (Reuters) - High Arctic Energy Services Inc HWO.TO :
* HIGH ARCTIC REPORTS 2019 FIRST QUARTER RESULTS
* Q1 REVENUE C$46.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$48.4 MILLION
* QTRLY FUNDS PROVIDED FROM OPERATIONS PER SHARE $0.10
* QTRLY LOSS PER SHARE $0.02
* Q1 EARNINGS PER SHARE VIEW C$0.00 -- REFINITIV IBES DATA
* INDUSTRY ACTIVITY IN Q1 WAS AFFECTED BY ALBERTA GOVERNMENT IMPOSED APPORTIONMENT OF OIL PRODUCTION IN PROVINCE
* UNCERTAINTIES WITHIN CANADIAN INDUSTRY ARE ONGOING
* EXPECT IMPROVED LEVEL OF ACTIVITY TO BE MAINTAINED THROUGHOUT 2019.
* CONCORD HAS ALREADY BEGUN TO EXPERIENCE MUCH IMPROVED EQUIPMENT UTILIZATION LEADING INTO Q2 OF 2019
* EXPECT DRILLING ACTIVITY TO INCREASE IN PNG AS EARLY AS Q4 2019