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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 May 07, 2022 8:31am
184 Views
Post# 34664234

RE:RE:Adding today.

RE:RE:Adding today.Just looked at deltastream drilling for 2022.Very active jan feb .One  well in march and then nothing.Winter is very active for all OG companies.Why stop drilling?May be reading way to much into this ,but combined with analyst comment who had lunch with Neil and made a point of saying he was in a really good mood my long shot hope is a deal might be shaping up.deltastream needs an exit plan HWX needs to scale up.
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