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

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Post by retiredcfon Oct 17, 2023 12:45pm

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Post# 35687379

$100 Oil?

Yet another analyst who can forsee this on the horizon. GLTA

Select retail & commodity stocks to shine, banks to lag in stagflationary climate: Portfolio manager

Thierry Tremblay, portfolio manager at Shinder Tremblay Private Wealth with iA Private Wealth, joins BNN Bloomberg and says that stagflation, characterized by higher inflation and lower growth, would negatively affect telecom and bank stocks. However, opportunities lie in the select retail and energy sector stocks. He recommends Dollarama and Metro.

https://www.bnnbloomberg.ca/video/select-retail-commodity-stocks-to-shine-banks-to-lag-in-stagflationary-climate-portfolio-manager~2788113

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Two micro-cap stocks with strong fundamentals