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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 Aug 03, 2023 9:03pm
302 Views
Post# 35572430

Neil has eye on a new prize

Neil has eye on a new prizeMust be good still adding land to what they have now 121 new sections.Creating a whole new division seperate from the clearwater.Not telling us too much at this point.In order for him to get involved it must be as good or better than the clearwater.West Martin Hill results are outstanding.Early days for the new story but for those who bet on Neils ability to spot new plays we should see so money move into the shares.Interesting times
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