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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 retiredcfon Feb 04, 2022 12:57pm
241 Views
Post# 34398347

Cover Your Shorts

Cover Your Shorts

Cover your shorts, put on your longs': Oil market strategist on WTI price rally

WTI crude surpassed the $90/barrel mark this week for the first time since 2014. Bill O'Grady, chief market strategist of Confluence Investment Management, tells BNN Bloomberg that he expects to see $100/barrel prices later this year.

https://www.bnnbloomberg.ca/video/cover-your-shorts-put-on-your-longs-oil-market-strategist-on-wti-price-rally~2375811

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