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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 Humaniston Jan 14, 2024 11:08am
266 Views
Post# 35825825

RE:Insider Buys $1.2 million dollars worth of stock

RE:Insider Buys $1.2 million dollars worth of stock

yes nice buy of 100,000 shares is not peanuts ......and he's only a director not a ceo or cfo.. he knows something!! at some point maybe 3-4 mths ago , i heard an analyst on bnn saying hwx ( he wouldn't be surprised to see hwx get acquired) don't remember his name. he sounded confident/comfortable when he said it..who knows!

Filing Details

 
 

Issuer Name
Headwater Exploration Inc.
Insider Name
Olson, Kevin
Relationship as filed with regulators
4 - Director of Issuer
Transaction ID
4243018
Filing Date
Jan 12, 2024
Transaction Date
Jan 10, 2024
Security Type
Common Shares
Transaction Nature
10 - Acquisition or disposition in the public market
Ownership Type
Direct Ownership
Registered Holder
 
# or Value Acquired or Disposed of
100,000
Unit Price or Exercise Price
$5.992
Closing Balance
3,360,045
Conversion or Exercise Price
0.000
Date of Expiry or Maturity
 
Underlying Security Designation
 

Equivalent # or Value of Underlying Securities

Acquired or Disposed of
 
Closing Balance
 
General Remarks
 

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