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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.


TSX:HWX - Post by User

Headwater Exploration Inc
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Post by retiredcfon Aug 10, 2022 2:45pm
233 Views
Post# 34885876

Analyst Recommendation

Analyst Recommendationhttps://www.bnnbloomberg.ca/video/jamie-murray-discusses-headwater-exploration-inc~2499481

PARTIAL BUY
Headwater Exploration Inc. (HWX-T)
09/08/2022 at 08:00pm
 
More exposed to liquid side. Could be a bit more downside. Always a discount from the spot price for Canadian companies. If you're looking for a smaller-cap company, a good time to pick away at a good name like this.
OIL / GAS
 
Jamie Murray
$5.84
Unknown
 
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