HWX.CA Dividend, Yield & Stock Profile - Headwater Exploration Inc
Headwater Exploration is engaged in the exploration, development and production of petroleum and natural gas in Canada. Co.'s majority of heavy oil production and reserves are located in the Clearwater and Falher formations within the Marten Hills, Greater Nipisi, and Greater Peavine areas of Alberta. Co. has natural gas production and reserves in the McCully Field, located approx. 10 km northeast of Sussex, New Brunswick, in the farming community of Penobsquis. Co. owns and operates a natural gas processing plant with a capacity of approx. 35 mmscfpd and a 50 km transmission line linked to the Maritimes and Northeast pipeline. McCully Field supplies gas to the northeastern U.S. market.
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