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Headwater Exploration Inc T.HWX

Alternate Symbol(s):  CDDRF

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

Comment by Bennys65on Mar 08, 2022 8:41am
179 Views
Post# 34494324

RE:RE:tsx index inclusion

RE:RE:tsx index inclusion
Starting fri and into mon big jump in the vol as everyone looks to inclusion in the index.Cherry on top of everything else is that hwx in one of the few OG companies with no hedges.They, at this point have only two choices with all the extra cash.Continue to build the war chest or ramp up the developement.Looking forward to thrus
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