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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
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(6051)
•••
Post by retiredcfon May 24, 2024 7:23am
203 Views
Post# 36055387

Nuttall Details

Nuttall DetailsSecond stock in the clip; he added 5 million shares last week to take advantage of recent SP weakness.. GLTA

https://www.bnnbloomberg.ca/video/eric-nuttall-s-past-picks~2927470

PAST TOP PICK
Headwater Exploration Inc. (HWX-T)
23/05/2024
 
(A Top Pick May 31/23, Up 18%)
Large selloff recently after a momentum frenzy in the sector, he added. Now about a 5.5% weight for him. Targets $11 price, 51% upside. Yield is 5.5%, which will grow over time.
Oil / Gas

Eric Nuttall
$7.220
Owned

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Dealroom for high-potential pre-IPO opportunities