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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 malx1on Oct 01, 2024 7:30pm
67 Views
Post# 36249317

RE:Someone has seen a ghost...

RE:Someone has seen a ghost...
riski wrote: and wants out badly, their deadline today. 

This stock needs more volume to avoid having the share price hijacked by a single investor, though it also works in favour of higher prices when one investor suddenly wants to get a sizable chunk of a debt-free producer with double digit growith in production and a 6.5% dividend. Come to think of it, why is anyone selling?


Everyone has diff reasons to exit.    

No sense selling until Roszel does it for you.    


Speaking of war in the ME...........

Boom
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