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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 Bennys65on Jan 12, 2023 9:33am
226 Views
Post# 35218058

RE:RE:RE:RE:RE:RE:Looking for inventory.

RE:RE:RE:RE:RE:RE:Looking for inventory.Looks like we are finding our inventory.New presentation for jan out.Original plan for utikima one well move to seal.Hwx reports putting down three wells in end of 2022 with two more to follow making five Results they say after load recovery are encourging.Sur had 10 wells licened for 2023 and have up that to 12.This is as good as it gets until we get ip 30.TVE has land surrounding hwx to the east and south 
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