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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

Comment by SeargentPepperon Aug 17, 2022 2:35pm
179 Views
Post# 34902853

RE:10 prospects 8 to be tested this year.

RE:10 prospects 8 to be tested this year.Yeah, that part of Alberta sure seems to have a lot of layers. That tract they have in the southwest looks out in left field compared to everybody else. I wonder how close it is to the duvernay. 

Bennys65 wrote: HWX in their presentation states that they will test 8 prospects in their clearwater fairway.Looking at what is public we have the bluesky,the spirit river , the falher and woodcote a private has just licsenced the gething in our back yard.Dont know the details but Nuttals inhouse geo is pumped about this area.The clearwater is giving up its secrets and the idea of a multiple zone stacked play is not priced into the clearwater stocks.When these results start to come in the numbers will have to reworked to include this new potential.Cant wait.


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