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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 Khersonon Dec 05, 2022 10:33am
389 Views
Post# 35150917

RE:RE:RE:Insider trading.

RE:RE:RE:Insider trading.
Bennys65 wrote: That is not a fair comment Shadow had a 10 to 15% chance of working .A big piece of land in the middle of nowhere.The price they paid for it reflected the high risk meaning cheap.All of our other  prospects Utikima ,seal and peavine were  exspensive with lots of bidders going against us to get it.So 7 sections of land at Utikimi vs 61 at shawdow doesnt sound like a lot but tve to the south has 4000 bpd from 3.25 sections after 90 days.Not all exploration land is equal.


Benny, your beef is not with me! Eric Nuttall made the comment on his last segment of BNN's Market Call. It also just so happens that he has a large position in Headwater, in fact, he maybe the largest shareholder?
You might want to listen to Eric's take on Headwater because it should be a cause for concern for any and all shareholders.
Kherson

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