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Headwater Exploration Inc T.HWX

Alternate Symbol(s):  CDDRF

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

Post by retiredcfon Jun 24, 2022 6:25am
217 Views
Post# 34779453

Stan Wong

Stan WongA very conservative investor (which is why he sticks to the largest caps) but his comments are applicable to the entire energy sector. GLTA

https://www.bnnbloomberg.ca/video/stan-wong-discusses-crescent-point-energy~2471527

BUY on WEAKNESS
Crescent Point Energy Corp(CPG-T)
22/06/2022 at 08:00pm
 
Pays a 2.88% dividend yield and suspects that's safe given oil prices. He prefers Suncor and CNQ and Chevron, larger caps in energy. CPG is down 34% in 11 days, along with many energy stocks. So, now is an opportunity. Likes it. Oil supply can't meet demand.
OIL / GAS
 
Stan Wong
$0.000
Unknown
 

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