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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 smocheron May 17, 2022 8:07pm
93 Views
Post# 34690896

RE:FP Article Today

RE:FP Article TodayThanks g21. The long investor should be all over oil stocks. I hold to $120-130 in the back half of the year. As well, the shares of oil companies with no or low debt should gain 30 to 50 percent on the shares. I also anticipate a food war worldwide. It's all ready started with the ban on wheat exports by India. A humanitary crisis in 3rd world countries will worsen.Very sad.
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