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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 Bennys65on Sep 12, 2022 9:54pm
183 Views
Post# 34958394

RE:RE:RE:RE:RE:RE:RE:Deltastream to TVE

RE:RE:RE:RE:RE:RE:RE:Deltastream to TVEIan Currie ceo of spur is on the board of TVE.He wqs seen adding to his very large position in TVE some months back.TVE in their new presentation shows a broker holding a big chunk of land all around spurs 16-20 well in north west nipisi that has everyone including HWX excited.HWX picked  up a chunk just south of spur and plans 3-5 wells this year,HWX holding in shawdow was held by brokers before they announced their position.Also Neil made a point in his talk about using land sales as a way to grow as well as M&A.Maybe Neil has found ways to grow without having to stretch.
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