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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 > mergers and takeovers
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Comment by Bennys65on Feb 21, 2021 6:43am
122 Views
Post# 32620782

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

RE:RE:RE:RE:RE:RE:RE:mergers and takeoversAs you know Clayton isnt shy when it comes to selling.In the past he has missed the mark by waiting too long to get top dollar so we will see.Currie has a strong relationship with TVE being on the board.Also in 2017 sold his viking assets to TVE.Interesting that for 2021 TVE is spending most of its cap ex on the clearwater and the viking.Based on that I think the nod goes to TVE on Spur which leaves Deltastream for HWX.All good.
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