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Headwater Exploration Inc CDDRF


Primary Symbol: T.HWX

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 Apr 03, 2024 6:12am
272 Views
Post# 35966898

RE:Nuttall....no comment.

RE:Nuttall....no comment. Nuttall and others say the clearwater has to consolidate.That means hwx spur and tve have to work something out.I own them all and in favor of the move.HWX has already set the stage for a spinco with the new ventures group allowing them to sell the clearwater.The combined companies will be a monster and a must have for the institions.making stakeholders a lot of money.
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