Headwater Exploration Inc. Announces Dividend Policy, 2023 Budget, Operations Update and Third Quarter Results
CALGARY, ALBERTA – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX:HWX) is pleased to announce its inaugural quarterly cash dividend in conjunction with its operating and financial results for the three and nine months ended September 30, 2022 and its 2023 budget. Growth and Return of Capital Headwater expects approximately 38% production per share growth […]
Headwater Exploration Inc. Announces Second Quarter Operating and Financial Results
CALGARY, ALBERTA – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX:HWX) is pleased to announce its operating and financial results for the three and six months ended June 30, 2022. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited condensed interim financial statements and the related management’s […]
Headwater Exploration Inc. Announces First Quarter Financial Results, Operations Update and Increased 2022 Guidance
CALGARY, ALBERTA – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX:HWX) is pleased to announce increased guidance and its operating and financial results for the three months ended March 31, 2022. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim condensed financial statements and the related […]
Headwater Exploration Inc. Announces 2021 Reserves, Fourth Quarter and Year End 2021 Operating and Financial Results and Operations Update
CALGARY, ALBERTA – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX:HWX) announces its operating and financial results for the three months and year ended December 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with the audited financial statements and the related management’s discussion and analysis (“MD&A”). These […]
Headwater Exploration Inc. Announces Exploration Success, Fourth Quarter Production Results and Operational Update
CALGARY, ALBERTA – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX:HWX) is pleased to announce successful exploration well results, fourth quarter 2021 production details and a material expansion of its land base and prospect inventory. Highlights include: Q4 2021 average production of 10,400 boe/d consisting of 9,400 bbls/d of heavy oil and 6 mmcf/d of […]
Headwater Exploration Inc. Announces Exercise of Warrants Held By Cenovus Energy Inc.
CALGARY, ALBERTA – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX:HWX) announces that it has issued a call notice to Cenovus Marten Hills Partnership (“CMHP“), a wholly-owned subsidiary of Cenovus Energy Inc. (“Cenovus“), requiring CMHP to exercise the 15,000,000 warrants (the “Warrants“) to purchase common shares (“Common Shares“) of the Company that CMHP holds. Each […]
Headwater Exploration Inc. Announces 2022 Budget, 2021 Guidance Update, Third Quarter Financial Results and Operational Update
CALGARY, ALBERTA – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX:HWX) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2021. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited condensed interim financial statements and the related management’s […]
Cenovus and Headwater announce the closing of $227.5 million bought deal secondary offering of Headwater common shares
Calgary, Alberta (October 14, 2021) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) (“Cenovus”) and Headwater Exploration Inc. (TSX: HWX) (“Headwater” or the “Company”) have closed the previously announced bought deal secondary offering (the “Offering”) of common shares of Headwater (the “Common Shares”). The Offering was completed on a bought deal basis, pursuant to an […]
Cenovus and Headwater announce increase to previously announced bought deal secondary offering of Headwater common shares
Calgary, Alberta (September 28, 2021) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) (“Cenovus” or the “Selling Shareholder”) and Headwater Exploration Inc. (TSX: HWX) (“Headwater” or the “Company”) announced today that, due to strong demand, they have agreed with the syndicate of underwriters led by Peters & Co. Limited and BMO Capital Markets to increase […]
Cenovus and Headwater announce bought deal secondary offering of Headwater common shares worth approximately $114 million
Calgary, Alberta (September 27, 2021) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) (“Cenovus” or the “Selling Shareholder”) and Headwater Exploration Inc. (TSX: HWX) (“Headwater” or the “Company”) announced today that they have entered into an agreement with Peters & Co. Limited and BMO Capital Markets (the “Lead Underwriters”), on behalf of a syndicate of […]