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Headwater Exploration Inc.

Company Summary

Description

Headwater Exploration Inc. is a Canadian publicly traded oil and gas exploration and development company focused on superior corporate level returns, sustainability and balance sheet strength. 

Website

https://headwaterexp.com/

Operational Regions

  • Canada

Recent news

  • 3/13/2023 - Headwater Exploration... (subscriber access)
  • 3/13/2023 - Headwater Exploration... (subscriber access)
  • 11/11/2021 - Headwater Exploration... (subscriber access)
  • 11/11/2021 - Headwater Exploration... (subscriber access)
  • 10/14/2021 - Cenovus Closes on $228MM... (subscriber access)

Company Transactions

Date: 12/22/2020
Type: Acquisition

BUYERS:
  • Headwater Exploration Inc.
    • SELLERS:
  • Cenovus Energy Inc.
    • DETAILS:

    COST: 100 $MM

    NOTES:
    Cenovus has reached a deal to divest its Marten Hills oil assets in Alberta to Headwater Exploration, with the initial payment valued at $100 million. This includes $35 million in cash, 50 million common shares and 15 million share purchase warrants.
    REGIONS:
  • Western Canadian Sedimentary Basin