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Headwater Exploration Inc CDDRF


Primary Symbol: T.HWX

Energy Oil & Gas E&P
Headwater Exploration Inc. is a Canada-based resource company, which is engaged in the exploration and development and production of petroleum and natural gas in Canada. The Company's core operating areas are Marten Hills and McCully Field. Marten Hills is located approximately 250 kilometers (km) north of Edmonton, Alberta, within the Clearwater play. It owns approximately 270 sections of Clearwater rights. The McCully Field is located approximately 10 km northeast of Sussex, New Brunswick, in the farming community of Penobsquis. It owns and operates a natural gas processing plant, with a processing capacity of about 35 million standard cubic feet per day (mmscfpd), and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The Company has oil production, reserves, and lands in the Clearwater play in the Marten Hills area of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick.


TSX:HWX - Post by User

Headwater Exploration Inc > new ventures group
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Comment by Bennys65on Feb 12, 2024 8:11pm
231 Views
Post# 35876608

RE:RE:RE:new ventures group

RE:RE:RE:new ventures groupCardinal just gave an update and mentioned the heart river well they drilled late fourth quarter.Now producing 100 bpd vs 20 as reported by capt clearwater and has potential for stacked play.If hwx got that new land sale we would have over 50 sections.
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