Headwater Exploration Inc., a junior resource company, explores for, develops, and produces petroleum and natural gas in Canada. The company explores for petroleum and natural gas onshore in New Brunswick. Its principal properties include the McCully Field located to the northeast of Sussex, New Brunswick; and the Frederick Brook Shale located in the Elgin sub-basin in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc. is headquartered in Calgary, Canada.