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.

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Headwater Exploration Inc > Overreaction?

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Comment by retiredcfon Nov 10, 2023 1:40pm

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Post# 35728940

RE:Overreaction?

retiredcf wrote: I realize that there are some nervous investors out there and that the energy sector has been in the dumps for the last few days but IMHO, a 9% haircut for HWX since last Friday morning with no news seems way overdone. GLTA

This is why it pays to hold your nerve in these volatile markets. Stick to the fundamentals and ignore the noise. Long and strong. GLTA

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