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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 > Great Netbacks!!
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Comment by malx1on Jul 26, 2024 4:55pm
204 Views
Post# 36150573

RE:Great Netbacks!!

RE:Great Netbacks!!
Re1ndeer2 wrote: Netbacks $50  real/ and $44.7with charges, still really solid and getting better.....Purchased small amount today with this sell off sale.....t


6x 2025 funds from operations, you're looking at $10 price target being reasonable in 24mo.

Barring a recesion!

More upside than $10 down the road.

Best little E&P in Canada, nobody follows it.
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