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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 Nov 19, 2022 7:02am
742 Views
Post# 35112355

Energy Bulls

Energy BullsHWX was specifically mentioned by Tahmazian. Also Eric Nuttall is back on Market Call next Friday. GLTA

Crude is a strong buy right now: Scott Bauer

Scott Bauer, CEO of Prosper Trading Academy, joins BNN Bloomberg to discuss his two-week outlook for commodities prices. Bauer comments on what's moving oil, gold, copper, and wheat, and notes that rising COVID-19 cases in China as well as the U.S. Federal Reserve putting the hammer down are really impacting supply and demand.

https://www.bnnbloomberg.ca/video/crude-is-a-strong-buy-right-now-scott-bauer~2566637

China slowdown not expected to be prolonged: Rafi Tahmazian

Rafi Tahmazian, director and senior portfolio manager at Canoe Financial, joins BNN Bloomberg to talk oil prices. He says China is enhancing it inventories, and this will play to their advantage when they start rebuilding their economy.

https://www.bnnbloomberg.ca/video/china-slowdown-not-expected-to-be-prolonged-rafi-tahmazian~2566702

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