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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 > Utikima results?
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Post by Bennys65 on Jan 17, 2023 8:04pm

Utikima results?

HWX had said they would be releasing results from utikima starting jan.But plans change.Original plan was to drill a well and move to peavine.They instead are putting down 5 wells.The last well spuds today about 10 days to drill flow back then go for ip30.That number of wells feels really bullish to me.Sent an email to the company asking when we could expect news.They came back and said march 9 release of fourth quarter.That makes sense as they would be able to have results on all 5 wells and give us a clearer picture on what they have found.TVE will report march 1.They have put down an eight legger in peavine and are testing three distinct zones at seal all in the fourth quarter 2022.We are next door at seal and close at peavine.Any success with tve will look great for us.
Comment by smocher on Jan 18, 2023 8:58am
Thx for the update.
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