Headwater Exploration Inc T.HWX

Alternate Symbol(s): CDDRF

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 > Hang In There

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon May 03, 2023 12:41pm

218 Views

Post# 35427833

Hang In There

Global energy prices may struggle but Canadian oil will do well: Energy strategist

Michael Tran, managing director and global energy strategy at RBC Capital Markets, joins BNN Bloomberg to discuss tumbling energy prices. He says another OPEC cut will not help, demand needs to recover to get oil out of this.

https://www.bnnbloomberg.ca/video/global-energy-prices-may-struggle-but-canadian-oil-will-do-well-energy-strategist~2679944

<< Previous

Bullboard Posts

Next >>

Crypto and blockchain stock ends year with a profit