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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 SeargentPepperon Aug 05, 2022 2:18pm
205 Views
Post# 34874825

RE:RE:RE:Great results from a great company

RE:RE:RE:Great results from a great company
Grandcentral wrote: By stock manipulation, I'm suggesting compounded or momentum trading that exaggerates the fear. Hedge funds love to use this strategy to weaken markets and share prices to eventually grab cheap stock in good companies they want to own. Here's an article posted on the WCP board today, touching on what I'm referring to - interesting read - and more likely than not.
https://www.zerohedge.com/commodities/very-crooked-numbers-biden-admin-accused-fabricating-gas-demand-data-hammer-price-oil



I also lean toward the gasoline numbers being crooked, although for a less nerfrious reason. Not that I have any expertise, but I've noticed that most organizations, from the smallest coffee shops to the largest government agencies, have lost a lot of their competence duing the shutdowns or the last few years. I the case of the EIA, my guess is they've simply fogotten how to count barrels.

Whatever the case, these clearwater growth companies are undervalued at this oil price (or considerably lower).

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