PetroShale Inc. provided production guidance for the year 2022. For the period, the company expects with the strong performance of the company's underlying production base anticipates that the USD 45 million (CDN 57 million) 2022 capital budget will result in 2022 average production between 10,500-11,000 boepd (85% light oil & natural gas liquids) and exit guidance of 11,000 boepd (85% light oil and natural gas liquids) while improving the production decline profile below 25% by year end.