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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 largeoneon Nov 02, 2023 9:58am
193 Views
Post# 35713257

Q3 earnings are Nov 9th after market

Q3 earnings are Nov 9th after marketWhat I'm looking for is a 50% dividend hike, maybe would be good if they moved it from quarterly to 5c a month, outstanding Q3 results, and the 2024 budget.  Would also like to hear about Waseca, assuming thats where they have been buying new land.  100 bopd wells can quickly turn into 300 with his sweeping fishone technique.  
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