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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 Bennys65on Mar 08, 2024 6:08am
167 Views
Post# 35922129

RE:Amazing results ….our share price should be much higher

RE:Amazing results ….our share price should be much higher Very solid numbers.West Martin Hills grew from 3000 begining of 2023 to 10500 end of 2023.250% increase Eye poping results.obe drilled a very good bluesky well next to us at seal .We are going to drill one as well Way to the south on our new land package we will drill a bluesky at little horse.This area just gets more interesting as it develops.All this and still lots of cash on hand Nice work hwx
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