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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 Bennys65on Feb 14, 2023 7:28pm
114 Views
Post# 35286383

RE:RE:Baby Headwater

RE:RE:Baby HeadwaterThanks Riski Good info.wont take alot with a good drilling program to get to 3000.Public info says by spending 10 t0 15% more on multi laterals they get a 60% better production on legacy drilling.New warrants are at .55 and I think they raised money at .70 per unit.Headwater cfo is on its BOD.I am in and will add when the story developes.Got into hwx at 1.80.and bouht more last week as I think the news flow will be strong on march 9
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