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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 > GOR?
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Comment by GoJerez2on May 24, 2021 4:53pm
174 Views
Post# 33257665

RE:RE:RE:GOR?

RE:RE:RE:GOR?Ty Benny...I always appreciate your insight and contribution.
I was trying to determine the GOR value to ultimately determine HWX fair market cap today.
Was it 2% of 5% we dont know....i reiewed the original docs but no details provided.
The future looks great based upon success. Obviously Topaz bought it thinking there is upside
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