Headwater Exploration Inc. is pleased to report fourth quarter average production volumes of approximately 21,500 BOE/d and significant land expansion in the Clearwater fairway. Greater Pelican Area Headwater is excited to announce a new partnership with the Bigstone Cree Nation . A new farmout agreement supported by the Chief and Council of the BCN contemplates Headwater drilling up to four commitment wells with [...]
Headwater Exploration Inc. is pleased to announce a 10% increase to the quarterly dividend beginning in 2025, preliminary 2025 budget and operations update. DIVIDEND INCREASE AND PRELIMINARY 2025 BUDGET Beginning in 2025, the quarterly dividend will increase to $0.11 per common share representing a 6.3% yield at a $7.00 common share price. Success in secondary recovery efforts along with positive exploration results [...]
Headwater Exploration Inc. is pleased to announce its operating and financial results for the three and nine months ended September 30, 2024, declaration of quarterly dividend and update to 2024 guidance. 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 discussion and analysis . These [...]
Headwater Exploration Inc. announces that the Company is scheduled to attend and present at the Peters & Co. Limited 28th Annual Fall Energy Conference in Toronto, Ontario on September 10-12, 2024 and an updated corporate presentation has been posted to Headwater's website. Additional corporate information, including the Company's updated corporate presentation, can be found on Headwater's website at www.headwaterexp.com [...]
Headwater Exploration is pleased to announce its operating and financial results for the three and six months ended June 30, 2024 and declaration of quarterly dividend. 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 discussion and analysis. These filings will be available at [...]
Headwater Exploration Inc. is pleased to announce that the nominees listed in Headwater's management information circular dated March 25, 2024 were elected as directors of Headwater at its annual meeting of shareholders held today, May 9, 2024. In addition, all other matters considered at the Meeting were approved by Headwater's shareholders. On a vote by ballot, each of the following ten nominees proposed by management [...]
Headwater Exploration Inc. is pleased to announce its financial results for the three months ended March 31, 2024, operations update, update to 2024 guidance and declaration of quarterly dividend. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim condensed financial statements and the related management's discussion and analysis . These filings [...]
Headwater Exploration Inc. is pleased to report first quarter average production volumes of approximately 19,500 BOE/d, which are in line with guidance and on trend to meet previously announced annualized production guidance of 20,000 BOE/d. With visibility to expansion of WCS egress, growth capital has been strategically allocated in the second half of 2024. Marten Hills West In Marten Hills West, Headwater drilled 14 [...]
Headwater Exploration Inc. announces its operating and financial results for the three months and year ended December 31, 2023. 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. These filings will be available at www.sedarplus.ca and the Company's website at www.headwaterexp.com. In [...]
Headwater Exploration Inc. is pleased to announce its preliminary 2024 budget and operations update. Following a thorough evaluation of our land acquisition strategy and exploration successes, the Board has granted approval for the 2024 preliminary budget as outlined below. The budget is designed to allow Headwater to be resilient to the current environment and opportunistic on expanding its prospects while achieving [...]
Headwater Exploration Inc. is pleased to announce its operating and financial results for the three and nine months ended September 30, 2023. 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 discussion and analysis . These filings will be available at www.sedarplus.ca and the Company's [...]
Headwater Exploration Inc. is pleased to announce its Board of Directors has declared a quarterly cash dividend to shareholders of Cdn$0.10 per common share in alignment with the Company's return of capital strategy. This quarterly dividend will be paid on October 16, 2023, to shareholders of record at the close of business on September 29, 2023. These dividends are designated eligible dividends for the purposes of the [...]