Headwater Exploration Inc. reported operating results for the fourth quarter and full year 2020. For the quarter, the company reported Generated average production of 1,646 boe/d inclusive of one month of production from the acquired Marten Hills assets. For the full year, the company reported Production averaged 882 boe/d for the year, an increase of 42% from 2019 annual production of 620 boe/d.