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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

Post by longtermholder6on Oct 08, 2024 7:14pm
157 Views
Post# 36258617

iran

iranIt could be the danger of fomo with the possible bombing of Iran's oil shut down. I have been in and added since the old Corridor days and have not sold a share.   Where can you find a company with no debt, great land position and generous dividend like HWX.
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