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Headwater Exploration Inc T.HWX

Alternate Symbol(s):  CDDRF

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

Comment by Bennys65on Feb 20, 2021 9:15pm
118 Views
Post# 32620291

RE:RE:RE:RE:RE:mergers and takeovers

RE:RE:RE:RE:RE:mergers and takeoversI agree, hwx teir one acerage in Marten hills  at  >500%  50 wti and diff of 15 is insanely high and many times better than nipisi tier 1 at 125% wti 46.50. Having said that nipisi is highly economical.Own them both but more hwx.I think the fun starts when they take over the privates.
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