Headwater Exploration Inc. provided production guidance for the fourth quarter, second half of 2021 and fourth quarter and fiscal year of 2022. The performance of the Company's second half drilling program has exceeded expectations and the company now expect to achieve average annual production of 7,400 boe/d (6,690 bbls/d of heavy oil and 4.2 mmcf/d of natural gas). For the fourth quarter 2021, the company expects production of 10,400 boe/d (9,410 bbls/d of heavy oil and 6.0 mmcf/d of natural gas). For the year 2022, the company expects annual average production is expected to be 12,500 boe/d?(11,500 bbls/d of heavy oil and 6.2 mmcf/d of natural gas). For the fourth quarter 2022, the company expects average production expected to be 15,000 boe/d (13,770 bbls/d of heavy oil and 7.4 mmcf/d of natural gas).