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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 retiredcfon Sep 17, 2022 8:36am
254 Views
Post# 34968757

More Nuttall

More NuttallBNN aren't posting the individual links right now so go to the 38 min mark of the link below. GLTA

https://www.bnnbloomberg.ca/market-call/full-episode-market-call-for-friday-september-16-2022~2518601

BUY
Headwater Exploration Inc. (HWX-T)
15/09/2022 at 08:00pm
 
Large shareholder of company. Existing asset base will provide large amounts of dividends going forward. Waiting for exploration program to end. Excellent company that is well managed.
OIL / GAS
 
Eric Nuttall
$6.240
Owned
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