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.

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Headwater Exploration Inc

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Post by retiredcfon May 12, 2023 7:06am

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Post# 35444845

Eric Nuttall

We will have the lowest oil inventories in at least 5 years by end of 2023: Eric Nuttall

Eric Nuttall, partner, senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg for his view on Canada's energy market. Nuttall reminds investors that oil price falling doesnt set demand, He adds investors shouldnt let price set the narrative. He also discusses the reasons why he is 100 per cent focused on Canadian heavy oil producers.

https://www.bnnbloomberg.ca/video/we-will-have-the-lowest-oil-inventories-in-at-least-5-years-by-end-of-2023-eric-nuttall~2685168

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Sirios Resource discovers visible gold in Quebec