Headwater Exploration Inc. CORPORATE PRESENTATION TSX:HWX September 2020
HEADWATER SNAPSHOT Headwater Exploration Inc. Headwater Exploration Inc. TSX HWX 2019 Year End Reserves (5) Share Price (Sep 9, 2020) /sh. 1.32 PDP NPV 10% mm 46.7 P+PDP Reserve mmboe 3.7 Shares Outstanding (Basic)(1) mm 145.0 P+PDP NPV…
MCCULLY PRODUCING ASSET DRY GAS WITH 100% OWNED INFRASTRUCTURE AND LIMITED LIABILITY McCully Asset Daily Production Average year over year New Brunswick decline since intermittent production implemented is MNP pipeline 4.2% per…
OPPORTUNITIES ABOUND Regional Setting for Opportunities 3
BUILDING AN INVESTABLE BUSINESS What Did We Learn / 1 2 Key Philosophy 3 Execution HEADWATER BUSINESS PLAN Change Along The Way Focus on sustainability: Buy and Develop Quality Assets Existing Business Maximize Free Free cash flow…
Headwater Exploration Inc. Appendix TSX:HWX
EXPERIENCED TEAM Headwater Exploration Inc. Management Team Neil Roszell, P. Eng. Former President, CEO and/or Executive Chairman and founder of Raging River Exploration Inc., Wild Stream Exploration Inc. CEO & Chairman and Wild River…
ADVISORIES Forward Looking Statements Advisory This investor presentation of Headwater Exploration Inc. (Headwater) contains forward-looking statements and forward-looking information (collectively, forward-looking statements). More…
ADVISORIES Non-IFRS Measures and Certain Oil and Gas Advisories NON-IFRS MEASURES This investor presentation contains the terms cash value per share, value of excess tax pools per share, NAV per share, operating cash flow, cash flow,…