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 > Volume

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Comment by riskion Jun 14, 2021 2:41pm

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Post# 33382697

RE:RE:RE:RE:RE:Volume

Yes that's the last I heard, but he included HWX on his free cash flow chart for the first time today. This chart usually has the same names, but he will occasionally add a new one and then announces on market call that he has bought into it or it shows up on his fund's top 10 holdings shortly after.

https://twitter.com/ericnuttall/status/1404443350632210438

HWX doesn't fit his usual bias of buying beaten up, leveraged names. So time will tell if this new development means anything.

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