Headwater Exploration Inc CDDRF

Primary Symbol: T.HWX

Energy Oil & Gas E&P

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

Headwater Exploration Inc

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Feb 27, 2023 3:56pm

99 Views

Post# 35308016

Future Oil Price?

We expect this year's average oil price to be US$10 higher than where we are right now: Economist

Jason Schenker, president of Prestige Economics, joins BNN Bloomberg to discuss the latest developments in commodities markets, particularly oil. Schenker says that there's a confluence of factors impacting the oil price in upward and downward ways, but expects the price to move higher in the summer.

https://www.bnnbloomberg.ca/video/we-expect-this-year-s-average-oil-price-to-be-us-10-higher-than-where-we-are-right-now-economist~2636396

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?