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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 Bennys65on Jul 06, 2023 7:45am
236 Views
Post# 35528692

RE:RE:RE:Rafi Tahmazian

RE:RE:RE:Rafi TahmazianJust notices thar spur a private is one of Rafi top ten holdings.Spur shares are traded in the grey market.Further evidence that these guys want to be positioned in a big way in the clearwater.HWX was underbidder for deltastream.Will be interesting to watch Neil and Brian go after spur.Spur has a big holding in cadott which in northern clearwater and they say the field is massive.Drilling now.The land they bought from cve is a pelican lake  look a like,cnq and poymer flooding there.Mcleod is another discovery yet to be proven up.My guess they will be up for sale after they drill enough so people can bid on it.
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