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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

Post by OilyOxon Jun 30, 2022 6:20pm
263 Views
Post# 34795265

Do not be fooled by the recent insider buys!

Do not be fooled by the recent insider buys!Look how much these guys were dumping at the top, unreal! Several sells in the $7 range. Now they throw some pity buys back for a fraction of what was just sold the last few months because this dumpster fire has now ticked red YTD!! The quadruple top on the chart is absolutely DISGUSTING! I believe this will be a good name to hold in 2023, but for right now? May as well light that money on fire!
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