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.

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Headwater Exploration Inc > New Position Today

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Comment by riskion Jan 18, 2022 3:24pm

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Post# 34330009

RE:New Position Today

Smart move. One guy here has been waiting for $4.50 to buy back when it was trading at $4.70.

There aren't many oil companies out there to invest in which have the ability to double or more yet have this much safety. Profitable down to $30/barrel, no debt, >$100M cash in the bank and counting. And one of the smartest oilmen in recent history running the show.

Roszell is doing it again, but he's nowhere near done wheeling and dealing.