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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 marketsenseon Sep 12, 2022 3:30pm
172 Views
Post# 34957536

RE:RE:RE:RE:Deltastream to TVE

RE:RE:RE:RE:Deltastream to TVEMy first reaction was too bad they took a pass on Delta but with the land position they have,  do they really need to stretch themselves especially at premium prices.  After
listening to Roszell's interview,  it gave me more confidence in his vision and abilities
to build Headwater sensibly and smartly meaning careful with the balance sheet.

This is my first time investing with Roszell, missed out on Raging River,  but am very
impressed with him.  I have managed to get a good position here and expect a really
nice return over time.  The fact that Nuttal is bullish on the name is good but not
necessary to its success IMO.

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