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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.


TSX:HWX - Post by User

Headwater Exploration Inc
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Post by longtermholder6on Nov 09, 2020 11:40am
107 Views
Post# 31863071

oil prices

oil pricesIt is indeed fortunate that we got this deal done just befoe ths vaccine is coming out.  It means that oil prices which have been in the penalty box are now ready to trade at a decent price with people traveling again and all that.  This will disappoint all the oil bears who wrongly thought we would never use oil again.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities