Director selling at Headwater Exploration (HWX)

Director selling at Headwater Exploration (T:HWX)

Kevin Olson, a Director, disposed of 150,000 Common Shares on a direct ownership basis at a price of $7.872 on June 8th, 2022. This represents a $1,180,875 divestment of the company's shares and an account share holdings change of -4.3%.

Headwater Exploration is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Headwater Exploration Inc. is a Canada-based junior resource company. It is engaged in the exploration for and development and production of petroleum and natural gas in Canada. It has oil production, reserves and lands in the prolific Clearwater play in the Marten Hills area of Alberta, as well as low decline natural gas production and reserves in the McCully Field. Its core operating areas are Marten Hills, Alberta and McCully Field, New Brunswick. Marten Hills is located approximately 250 kilometers (km) north of Edmonton, Alberta within the prolific Clearwater play. It owns approximately 270 sections of Clearwater rights. The McCully Field is located approximately 10 km northeast of Sussex, New Brunswick in the farming community of Penobsquis. It owns and operates a natural gas processing plant, with a processing capacity of approximately 35 marine million standard cubic feet per day and an approximately 50 km transmission line connected to the Maritimes and Northeast pipeline.