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 > 2022 exploration wells

<< Previous

Bullboard Posts

Next >>

Comment by marketsenseon Oct 02, 2022 4:45pm

247 Views

Post# 35000453

RE:2022 exploration wells

Great info Benny. Another thing that surprises me about HWX is given the pedigree
of mgmt and the tremendous potential of the Clearwater, why more people aren't
posting about it. TVE and BTE do but it is what it is. HWX seems out of the loop
for now. Well maybe its a good thing because its allowing me to keep adding. I
suspect I'm not the only one....... I'm quietly feeling very excited about their near
term propects and looking forward to the end of Biden's SPR releases where the
oil market could significantly strengthen.

<< Previous

Bullboard Posts

Next >>

Canada invests $3.9 million in Malaysian cybersecurity