BTE Peavine drilling results HWX 11-3-22 PR: https://finance.yahoo.com/news/headwater-exploration-inc-announces-dividend-210000437.html
Added 8.25 sections of additional crown lands prospective for Clearwater oil in the Greater Peavine area.
Greater Peavine Area
Our first exploration test, a stratigraphic test at 06-16-074-18W5 in our Shadow prospect is currently drilling. Immediately following this well, the rig will spud our first multi-lateral horizontal well in the same prospect area. Headwater has one drilling rig assigned to continue drilling exploration prospects through year end and into the first quarter of 2023. The current schedule will see this rig drill a total of three horizontal wells at Shadow, prior to moving to test additional prospects at Peavine, Utikima Lake and Seal. The initial seven exploration wells are expected to be rig released by early February. We look forward to providing results on the exploration program throughout the first quarter of 2023.
Since the start of the fourth quarter, Headwater has added an additional 6 sections of land in Peavine, increasing our total land position in the Greater Peavine area to 117.5 sections.
from: https://www.baytexenergy.com/files/pdf/corporate-handouts/2022/2022-09-1%20September%20Presentation.pdf
Slide 3 Peavine slide 5 Slide 22 See also Slide 23