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HEADWATER EXPLORATION INC. ANNOUNCES EXPLORATION UPDATE AND RELEASE OF INAUGURAL ENVIRONMENT, SOCIAL AND GOVERNANCE REPORT
HEADWATER EXPLORATION INC. ANNOUNCES EXPLORATION UPDATE AND RELEASE OF INAUGURAL ENVIRONM...
About this update from Headwater Exploration Inc.
[{"type":"text","content":"\n \n \n \n HEADWATER EXPLORATION INC. ANNOUNCES EXPLORATION UPDATE AND RELEASE OF INAUGURAL ENVIRONMENT, SOCIAL AND GOVERNANCE REPORT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Nov. 15, 2022\n \n \n /CNW/ - Headwater Exploration Inc. (the \"\n \n Company\n \n \" or \"\n \n Headwater\n \n \") (TSX: HWX) announces the results of its two stratigraphic exploration test wells.\n \n \n Headwater recently completed two stratigraphic test wells on our Shadow exploration prospect in the Greater Peavine area. Unfortunately, neither well encountered hydrocarbon bearing sands in our previously identified prospective zones. The drilling rig scheduled to drill three horizontal tests in this area is now being moved to our Utikima lake prospect to continue our exploration drilling program. Further exploration results will be reported as they become available which is not anticipated to be until the middle of the first quarter of 2023.\n \n \n These exploration results have no impact to our 2023 guidance as previously outlined in our press release dated\n \n November 3, 2022\n \n .\n \n \n In addition, Headwater is pleased to announce that it has released its inaugural Environment, Social and Governance Report for 2022 (the \"\n \n 2022 ESG Report\n \n \"). The 2022 ESG Report and the Company's most recent corporate presentation can be found on Headwater's website at\n \n www.headwaterexp.com\n \n \n \n \n FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements. The use of any of the words \"guidance\", \"initial, \"anticipate\", \"scheduled\", \"can\", \"will\", \"prior to\", \"estimate\", \"believe\", \"potential\", \"should\", \"unaudited\", \"forecast\", \"future\", \"continue\", \"may\", \"expect\", \"project\", and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein, include, without limitation, the expected timing for reporting future exploration drilling results and the expectation that the re...