Headwater Exploration Inc. reported unaudited operating results for the third quarter and nine months ended September 30, 2023. For the quarter, the company reported Heavy crude oil production of 16,902 bbls/d against 10,842 bbls/d a year ago. Natural gas production was 6.1 mmcf/d against 4.3 mmcf/d a year ago. Natural gas liquids production was 103 bbls/d against 55 bbls/d a year ago. Barrels of oil equivalent production was 18,027 boe/d against 11,612 boe/d a year ago.

For the nine months, the company reported Heavy crude oil production of 15,775 bbls/d against 10,695 bbls/d year ago. Natural gas production was 9.1 mmcf/d against 7.2 mmcf/d a year ago. Natural gas liquids production was 100 bbls/d against 43 bbls/d a year ago. Barrels of oil equivalent production was 17,398 boe/d against 11,929 boe/d a year ago.