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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 Dec 29, 2022 12:50pm
275 Views
Post# 35195493

Potential Oil Prices?

Potential Oil Prices?Added a few more yesterday; may have to do the same today. GLTA

China re-opening will increase oil prices $5-$7 per barrel by next summer: Andrew Lipow

Andrew Lipow, president of Lipow Oil Associates, joins BNN Bloomberg to discuss the effect of China's reopening plans on oil markets, recent temporary drops in American production due to a winter storm and his outlook for the energy sector in 2023.

https://www.bnnbloomberg.ca/video/china-re-opening-will-increase-oil-prices-5-7-per-barrel-by-next-summer-andrew-lipow~2591705

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