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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 Khersonon Apr 02, 2023 10:34pm
183 Views
Post# 35375326

RE:RE:Engineering VP selling...

RE:RE:Engineering VP selling...Nice try there Rusty, but I have never owned Headwater in my life. I did own Corridor for awhile before they did the reverse takeover, or whatever it was!
As for me trying to suddenly create fear, I have been saying for quite sometime that Headwater is more or less overpriced and the market makers had done a good job pumping up the shareprice.Let's not forget that Headwater has previously drilled a few dusters and I am beginning to believe that they just drilled a few more!
Heck, even Nuttall is now expressing his doubts concerning Headwater!

Kherson
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