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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 Feb 02, 2023 6:03pm
231 Views
Post# 35263546

RE:RE:RE:RE:2022 exit rate

RE:RE:RE:RE:2022 exit rateJust to be clear that 1 equals seven came from and interview with Brian S from TVE.Should add that nipisi waterflood blows all other waterfloods out of the water.They are getting an outsized response in two months vs 1 to 2 years in other fields,Hwx hopes to repeat their success in our two new pilots in west marten.hills.
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