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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 ardbegoilon Oct 10, 2022 1:21pm
236 Views
Post# 35015844

RE:RE:doing well

RE:RE:doing wellI have heard Eric talking about HWX at least 3 times in the last 2 years and he has been buying many shares since $4.50 for his fund....If oil and gas prices goes to where they are aiming and should go,  Besides HWX being debt free and we are awaiting results of a $240 million dollar drill and hookup production program started 3 months ago.... your chances of getting additional shares at these low prices will be limited going forward.....best to all
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