RE:Headwater First Quarter Results and Operating Update!Kherson wrote
Very obvious now that the increased share volume tradng coupled with the activity on this SH board is signalling a merger or buyout! But what really stands out is the following statement from Headwater last Thursady!
2020 OUTLOOK
To date the COVID-19 pandemic has had minimal impact on Headwater’s base operations or cashflow expectations; however, the pandemic is anticipated to have lasting effects which will reshape the exploration and production business. The Headwater team continues to diligently evaluate the multiple unique opportunities that continue to evolve in the Canadian oil and gas sector. With our significant capital resources, experience and tenacity, it is expected that one or more of these opportunities will result in acquisitions that are transformative to our business in 2020.
Kherson