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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.


TSX:HWX - Post by User

Headwater Exploration Inc > Q3 earnings are Nov 9th after market
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Comment by Bennys65on Nov 02, 2023 12:53pm
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Post# 35713908

RE:Q3 earnings are Nov 9th after market

RE:Q3 earnings are Nov 9th after marketNot sure div hike is in the cards.Nuttall made that comment before the new ventures group was announced.We increased cap ex by 25 million partly to fund the land grab so dont know how much is left for an increased div.The yield guys would love it the growth guys would like to see production increase.Debate continues.
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