An unknown buyer acquired an unknown stake in Headwater Exploration Inc. (TSX:HWX) from Cenovus Energy Inc. (TSX:CVE) for CAD 110 million on June 8, 2022. As a part of transaction, Cenovus sold its remaining investment in Headwater Exploration Inc. for cash proceeds of CAD 110 million.

An unknown buyer completed the acquisition of an unknown stake in Headwater Exploration Inc. (TSX:HWX) from Cenovus Energy Inc. (TSX:CVE) on June 8, 2022.