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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 GoJerez2on Mar 15, 2022 4:40pm
167 Views
Post# 34516459

RE:TD Notes

RE:TD NotesGood post ...I was wondering about that exact situation. Thank you

No debt and excellent disapline to stay focused with an amazing... now proven play makes for low downside risk and great upside potential.
The stupidity of the political Russian fiasco (very sad for the Ukranian population)....from an energy perspective is that the oil will find a market in China and India. In the event the Russian supply gets shut in ....which will take much longer than the west hopes....it will tighten the already tight structural supply crunch thus cause upward pressure. Russia of the +1 in OPEC +1..HELLLLLO
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