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 > new ventures group

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Comment by pogohereon Feb 10, 2024 11:22am

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Post# 35873774

RE:new ventures group

Headwater’s Saskatchewan Mannville intentions

2-9-24

For the second time in a month, Headwater Exploration revealed new land in its corporate presentation (see the first time here). This land is in Sasktachewan, a new area for the company, and is nearby Strathcona’s Druid field. The company indicates in its presentation that it will test 3 wells in Q1, with 2 of those wells being licensed on February 7th, 2024.

https://boereport.com/2024/02/09/showcasing-the-true-power-of-boe-intel-and-why-other-eps-dont-want-you-to-have-it-subscribers-suspected-headwaters-saskatchewan-mannville-intentions-months-ago/

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