Exploration SuccessExploration efforts in 2025 added significant new sections and unlocked a new core area, with plans to continue testing new play concepts.
Production GrowthHeadwater Exploration released its 2026 budget detailing lower expected spending and higher production, indicating the success of its secondary recovery program.
Shareholder ReturnsThe company reiterated its commitment to shareholder returns through organic growth, secondary recovery, dividends, and buybacks.