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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 > HWX greater peavine exploration wells.
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Post by Bennys65 on Nov 04, 2022 4:55am

HWX greater peavine exploration wells.

Looks like hwx is planning to get the market to focus on these wells.They are giving dates telling when they will be drilled including that all seven will have been rig released by early feb.Rather than having to wait to first quarter news release for results  they will give results throughout the first quarter.This will give us a steady news flow starting Jan .Shows confidence by the company that they have the goods.
Comment by GoJerez2 on Nov 04, 2022 8:54am
Agreed. Very positive catalyst. Should be double digits by Q1 also the water flood results and the exploration success significantly adds to the reserves. Soon their cash flow will be beyond insane so the special dividend and share buy backs may give us return of much greater than 10% a year. Likely 15 to 20%
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