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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 > Peavine wells
View:
Post by GoJerez2 on Apr 25, 2024 6:06am

Peavine wells

  • Baytex Energy knocked it out of the park with a handful of Clearwater wells from the Peavine area. These 5 wells were all around the 1,000 bbl/d mark in March.
Comment by Bennys65 on Apr 27, 2024 6:02pm
Sounds good but they have a 65% decline rate first year
Comment by GoJerez2 on Apr 28, 2024 6:29am
Thank you I didn't know that. Hwx has a decent position around there payout quick and still great producer after the decline. 
Comment by Bennys65 on Apr 28, 2024 10:51am
Still very good wells but ip30 numbers can be misleading
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