Headwater Exploration Inc T.HWX

Alternate Symbol(s): CDDRF

Energy Oil & Gas E&P

Headwater Exploration Inc. is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The Company has heavy oil production and reserves in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta and natural gas production and reserves in the McCully field near Sussex, New Brunswick. The McCully Field is located approximately 10 kilometers (kms) 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 approximately 35 mmscfpd, and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The McCully Field is a winter producing asset connected to the northeast United States gas market. The Company drilled its first stratigraphic test and single-leg horizontal well, prospective for heavy oil, in Handel, Saskatchewan.

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Headwater Exploration Inc

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Comment by Khersonon Nov 06, 2020 7:44pm

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Post# 31856241

RE:RE:RE:RE:RE:RE:Acquisition

longtermholder6 wrote: They have been doing what I expect them to be doing Kherson, not rushing into any deal that comes along. I think you will be richly rewarded when it is finally announced. There has been no runup in any Oil or Gas stock that they maybe looking at so we really have not lost any opprortunity. The New England folks will be eating up lots of our gas soon as I stated before it is going to be a long and cold winter with everyone staying inside and turning up the heat.

You say that there has been no run up in the O&G stocks that they maybe looking at? Could you please clarify what you mean by this as it could be interpreted that you have Insider information!
Thanks in advance,
Kherson

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