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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 > This weeks report
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Comment by Volkommon Mar 09, 2022 11:40am
173 Views
Post# 34499615

RE:RE:RE:This weeks report

RE:RE:RE:This weeks reportLooking at their presentation they are capping their production at 14.5 KBD. Why would they do this? Is is acreage limitations?

I would think you'd only cap your production and keep the balance sheet sparkling if you only intend to sell the company. 
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Dealroom for high-potential pre-IPO opportunities