Kevin Olson, a Director, acquired 100,000 Common Shares on a direct ownership basis at a price of $5.880 on December 13th, 2022. This represents a $588,000 investment into the company's shares and an account share holdings change of 2.9%.
Jason Jowill Jaskela, a Senior Officer and Director, disposed of 104,320 Common Shares on a direct ownership basis at a price of $5.950 on December 14th, 2022. The insider also acquired 104,320 Common Shares on an indirect ownership basis for registered holder Jaskela Family Trust at a price of $5.950 on December 14th, 2022. This represents a $0 net investment into the company's shares and an account share holdings change of 0%.
Headwater Exploration is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Headwater Exploration Inc. is a Canada-based resource company engaged in the exploration and development and production of petroleum and natural gas in Canada. The Company's core operating areas are Marten Hills and McCully Field. Marten Hills is located approximately 250 kilometers (km) north of Edmonton, Alberta, within the 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 about 35 million standard cubic feet per day (mmscfpd), and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The Company has oil production, reserves, and lands in the Clearwater play in the Marten Hills area of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick.
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