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Headwater Exploration Inc CDDRF


Primary Symbol: T.HWX

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 riskion Apr 02, 2023 9:01pm
85 Views
Post# 35375245

RE:Engineering VP selling...

RE:Engineering VP selling...

I think he might be buying a summer home, but nice try to generate some fear. 

It sounds like you sold your position after the dividend record date last week? You weren't alone. Dividend record dates are good times to buy from the small time traders who follow this common pattern. 


Kherson wrote: I am curious as to why Terry is dumping his position? Problems with their West Nipisi acreage?
With the WTI price set to take a big jump, things could get really interesting, quickly!
I still believe that Headwater needs to complete an acquistion to reach their long term goals!
Kherson


 

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