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.

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Headwater Exploration Inc > Targets

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Comment by marketsenseon Nov 07, 2022 2:54pm

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Post# 35079750

RE:RE:RE:RE:Targets

Thanks for your take riski. I had no intentions of giving up and in fact have bought more
after the recent runup and selloff. I am a firm believer in Roszell unlike alot of others
who have dumped their stock after the so so sector perform report. My comment was perhaps a little off base not having any info on the bid itself but like I said I was just
guessing. That said, they obviously tried to bid low and who can blame them for that.
Now it will be interesting what they plan next with a $100M credit line in their pocket.

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