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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 OilyOxon Jun 30, 2022 6:20pm
240 Views
Post# 34795265

Do not be fooled by the recent insider buys!

Do not be fooled by the recent insider buys!Look how much these guys were dumping at the top, unreal! Several sells in the $7 range. Now they throw some pity buys back for a fraction of what was just sold the last few months because this dumpster fire has now ticked red YTD!! The quadruple top on the chart is absolutely DISGUSTING! I believe this will be a good name to hold in 2023, but for right now? May as well light that money on fire!
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