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Bullboard - Stock Discussion Forum 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... see more

TSX:HWX - Post Discussion

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Post by Bennys65 on Sep 06, 2023 6:42am

Quarter 4

Had a look at the news flow we can expect going into year end. At peavine we will be drilling the b and c bench having already drilled the d.Next door tve results show the c and b being their best zones with the d being the poorest.Tve thinks they hve 50 -60 million per section.Lot of oil in place.Company did not say if we could expect results before year end.West Martin hills is where we will get info.Already a major growth platform for us, we will be testing e, g, f, benches and getting results before year end.If this becomes an economic multi stack play it will have implications for our stock price.The multi stack nature is what makes the montney so important and profitable.Good news here will also be good news for tve.Up to now the market has paid little attentiont to drilling results.Only focused on return of capital.Thinking about that the lazy oil analysts will have to get to work as this type of news like in the old days will be driving stock prices.
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