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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

Post by Bennys65on May 20, 2023 7:18am
321 Views
Post# 35457563

PrarieSky investor presentation.

PrarieSky investor presentation.Go to their website and listen to the audio presentation where Ian Dundas ceo of spur,aprivate, gives a detaailed rap up of the clearwater.This was held on wed and well attended by the analysts.Noticed a lot of instituional buying thrus fri in hwx which generally doesnt show up on the tsx.Think they liked what they heard.
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