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 > Undervalued Canadian Energy Sector

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Post by retiredcfon Apr 23, 2022 7:38am

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Post# 34625927

Undervalued Canadian Energy Sector

I don't own any of his picks but the argument applies across the Canadian energy sector. GLTA

Canadian oil stocks trading at much lower multiple than in 2014: Bison Interests' Young

Josh Young, CIO of Bison Interests, joins BNN Bloomberg for his outlook on the energy sector as oil trades over US$100. Young says oil stocks are better positioned than in 2014, but are trading at much lower multiples creating opportunity for investors. His top picks are Baytex, Journey and SandRidge.

https://www.bnnbloomberg.ca/video/canadian-oil-stocks-trading-at-much-lower-multiple-than-in-2014-bison-interests-young~2426859

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