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Bullboard - Stock Discussion Forum 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... see more

TSX:HWX - Post Discussion

Headwater Exploration Inc > Topaz presentation on clearwater gorr from cve.
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Post by Bennys65 on Oct 02, 2021 8:21am

Topaz presentation on clearwater gorr from cve.

Topaz has a write up on their recent purchase of GORR from cve.In it they  mention two additional targets on HWX exploration lands that potentially could deepen our inventory.Does anyone know what those targets are.Sent email to the company didnt get a reply.
Comment by powerlunchmoney on Oct 02, 2021 2:04pm
Perhaps this is area 2 and area 5 that Neil discussed at the Peters conf. These two areas are adjascent to each other. Would you build a road if the exploration results weren't more than favourable?  Great close on Friday, didn't expect it, thought it would be pinned down at 4.55.
Comment by Bennys65 on Oct 02, 2021 2:37pm
That maybe what they mean.I was under the impression that the clearwater formation underlay all their land but varied in thinkness and porosity.So when they said there was untested targets I read that to mean there might be formations other than the clearwater which are economic and need to be be tested.Time will tell.
Comment by powerlunchmoney on Oct 02, 2021 3:18pm
I'm no geologist but he spoke of testing a lower "bench" which i took to mean stratified like homemade shepards pie. Hope they find what they're after.
Comment by Bennys65 on Oct 02, 2021 3:22pm
Same here.No enough to be dangerous.There are two benches to the clearwater but not sure if they are enconomic allover
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