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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 Bennys65on Apr 11, 2021 8:09am
298 Views
Post# 32973886

New presentation.All about the waterflood

New presentation.All about the waterfloodSlight increase in cap ex.Probably a result of bringing waterflood dev forward by six months.Company shows two concept presentations of possible waterflood dev to be tested.BIG NEWS spur starting polymor flooding in second quarter 2021.Sucess in this is a game changer for the  whole clearwater.Top dog in drilling Marten Hills first quarter.!7 wells for hwx next is Delta with 6.
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