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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

Post by retiredcfon May 07, 2024 6:28am
235 Views
Post# 36026326

Analyst Recommendation

Analyst RecommendationThe Buy actually relates to his "many good names in the sector" comment. The 3 companies he mentioned were CPG, HWX and ATH. GLTA

BUY
Vermilion Energy (VET-T)
06/05/2024
 
Does not own shares, but likes Canadian energy sector. Believes Vermilion could be a turnaround story. Many good names to own within sector. Expecting higher energy prices going forward. Supply not keeping up with demand in traditional energy sector. 
Healthcare

Brendan Caldwell
$4.000
No
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