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 > mergers and takeovers

<< Previous

Bullboard Posts

Next >>

Comment by Bennys65on Feb 12, 2021 11:08am

180 Views

Post# 32552163

RE:RE:RE:mergers and takeovers

I think Spur is producing just over 16000bpd,while Delta is around 12000.If and when they do a deal will all depend on share prices and outlook for Tve and Hwx.Husky is looking like a star on their Hwx stock and cash deal.In the new world order for oil mergers ,if they get too greedy, nothing will get done.I own both Tve and Hwx.The clearwater as a play has a lot more to show the investing world.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario