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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 Bennys65on Apr 12, 2023 9:16pm
400 Views
Post# 35391921

Good news for hwx.

Good news for hwx.Just listened to a talk from Brian on Ren mark.They drilled three zones at seal .All are productive and on production at a combined 450 bpd.Feels they are capable of doing 8 to 10 thousand on their land .We are right beside them and drilled one zone and on production.Assuming the geology is the same similiar results would have a big impact on our stock.Add that to utikima and things are getting. interesting.
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