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Headwater Exploration Posts Record Q2 Production — Jul 23, 2026Headwater Exploration reported strong Q2 2026 results with record production of 24,567 boe/d, record adjusted funds flow of $117.7 million, and net income of $85.4 million, supported by higher volumes and favorable pricing, and declared a quarterly dividend of $0.12 per share. The company also highlighted a substantial capital program of $81.6 million, continued production growth at Marten Hills West, and no outstanding bank debt, signaling ongoing expansion and financial strength.