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 > Desjardins Top Pick

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Comment by Bennys65on Jan 24, 2024 7:30am

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Post# 35842397

RE:Desjardins Top Pick

Thanks Retire.Found it interesting that they call our new venture play a clearter lookalike.We have licsened a well in little horse,not clearwater,Jan land sales posted big numbers and included little horse with two others.Starting to feel like early clearwater when we were all saying whats going on.Jon Grimwood is leading the charge for hwx .If anyone has info on the new play would love to her from you.

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