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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 riskion Jan 29, 2023 10:12pm
122 Views
Post# 35253250

RE:RE:RE:RE:RE:Eric is presently underwater on HWX

RE:RE:RE:RE:RE:Eric is presently underwater on HWX

Yes, thanks Foggie. I should have proof read that before posting. 40 cents per share per year. 10 cents quarterly. 


Foggie2021 wrote: Riski,
You're absolutely correct that Nuttal is in the green. I actually think he was a significant buyer in the 3's and 4's. The share price is down since Nuttal chose it as one of his top picks but he's made scads on this stock. One slight correction on your post, and this reflected in your dividend calcs,, the dividend is 10 cents per quarter not 40 cents per quarter as stated. Cheers.

 

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