spin back meaning A Sydney woman has gained viral attention on TikTok after discovering an unwelcome visitor inside her headphones when she went to clean them—a dead insect that had taken up residence in the worn-out ear pads. "I got the headphones in around 2017, and when the ear pads started to deteriorate recently, I opened them up to install new pads," Abbie von Bertouch, also known as Vonn, told Newsweek . "When I saw the bug, I screamed and then got my camera out because I thought it had to be seen to be believed." Last week, Vonn shared the discovery on TikTok in a video that has so far been viewed over 9.5 million times where she showed the dead bug in the headphone cover. Thankfully, life in Australia has given Vonn a pretty laid-back attitude to bugs. "I wish I could say I'm more disgusted, but living in Sydney has desensitized me to bugs. I'll just be keeping [the headphones] in their case from now on," she said. In the comments section in her TikTok video, users shared their own bug-based stories. "My kettle started whistling softly and after MANY teas I realized there was a roach blocking the little hole and I was drinking roach tea for a while," Katieclarry wrote. Onata commented: "One time I was about to put my headphones on and seen an earwig. There were two others in there after I took off the padding." "If it makes you feel any better, one time I had bed bugs in college and didn't know and they got into my headphones and ate tf out of my ear and I had no idea what caused it for like a week," user Marley recalled. "New fear unlocked," the TikTok United Kingdom (TikTok UK) account wrote. Meanwhile, some users on the social media platform saw the humor in the situation. Marina jokingly wrote: "New meaning to hearing crickets." "He was singing you all those songs," wrote walthuwide SqrrlGrl added: "I'm wearing those exact headphones right now, and I'm frozen with fear." For Vonn, it was amazing to see how many people had similar stories—and it made her feel better to know that she wasn't the only one. "I wasn't prepared for how many people have a similar bug story," Vonn said. "It makes me feel a little better about the whole situation." Other viewers, though, were left with their own new fears, and an extra job to do for the day. "I'm holding you personally responsible for the 45 mins it's taken to get my headphone covers back on now," user radicelm commented.

Luca Bish risks major Christmas mishap with sweet gesture amidst Love Island 'return'UNT early signing class review: Biggest win, toughest loss, the bottom lineLOS ANGELES (AP) — Eric Bieniemy's return to UCLA lasted only one season. The Bruins let go of Bieniemy on Thursday after fielding one of the nation's worst offenses this season. It didn't take head coach DeShaun Foster long to find a replacement. Indiana quarterbacks coach and co-offensive coordinator Tino Sunseri will become the new Bruins offensive coordinator, a person with knowledge of the decision told The Associated Press on condition of anonymity because the Bruins had not yet announced the decision. Sunseri spent one season at Indiana after following Hoosiers coach Curt Cignetti from James Madison. Cignetti and Sunseri worked together for four seasons, the first three with the Dukes, who made the most successful transition from FCS to FBS in history. Bieniemy was hired as associate head coach and offensive coordinator shortly after Foster was hired as head coach in February. Bieniemy was also on the Bruins staff from 2003-05 as running backs coach. Jason Fletcher, Bieniemy's agent, said in a statement that Bieniemy planned to stay only one season in Westwood and termed it a “mutual parting of the ways.” However, Bieniemy signed a two-year contract at UCLA and did have a retention bonus if he was on staff for the 2025 season. "After interviewing for head coaching jobs last year, he wanted to stay active and busy," Fletcher said. “So, he decided to go help out Deshaun Foster, who is like his little brother, at UCLA as opposed to sitting out a year.” Out of 134 Football Bowl Subdivision teams, UCLA was 117th in total offense (328.8 yards per game), 126th in scoring (18.4 points per game) and had the nation's fifth-worst rushing attack (86.6 yards per game). The Bruins — 5-7 in their first season in the Big Ten after qualifying for a bowl the last three years — were the sixth Power Five team since 2000 that didn't score at least 20 points in their first six games. Players also said early in the season that Bieniemy's scheme was difficult to grasp and that play calls could be too wordy. Bieniemy was a two-time Super Bowl champion offensive coordinator with the Kansas City Chiefs but his last two stops have not gone well. He was Washington's offensive coordinator in 2023 but was not retained after Ron Rivera was fired. Bieniemy said in an email to ESPN earlier this year that he was not fired by Washington and that he received NFL offers to coach running backs or be a passing game coordinator. However, when asked during UCLA's spring practice to explain those remarks or what his other job prospects were, he refused to do so. “What I’m going say is this: I’m here coaching at UCLA. All that other stuff, you could go talk to the Commanders. I’ll leave it just like that,” he said. Bieniemy wasn’t retained by new Commanders coach Dan Quinn, who replaced Rivera. Despite his success in Kansas City, Bieniemy hasn’t landed a heading coach job, even though he’s interviewed with more than half of the NFL’s 32 teams. Fletcher said: "The plan was always to return to the NFL in 2025, and he’s looking forward to the opportunities ahead.” Sunseri's immediate priority will be to stem any further losses to the transfer portal. Quarterback Justyn Martin — who was on track to compete for the starting job following the graduation of Ethan Garbers — and running back T.J. Harden have already entered the portal. At Indiana, Sunseri worked closely with Kurtis Rourke, a transfer from Mid-American Conference school Ohio. Rourke went on to have one of the best seasons in Hoosiers history as No. 9 Indiana (11-1, 8-1 Big Ten, No. 9 CFP) broke single-season school records for victories and conference wins and appears set to make its CFP debut in two weeks. Sunseri, like Cignetti, also coached previously at Alabama. Sunseri served as a graduate assistant for the Crimson Tide in 2019 and 2020 after previous stints at Florida State and Tennessee. The 35-year-old Sunseri also spent three seasons with the CFL’s Saskatchewan Roughriders, winning a Grey Cup title as a rookie in 2013 following his college career at Pittsburgh. Marot reported from Indianapolis. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

The Chicago Blackhawks fired coach Luke Richardson on Thursday with the team sitting at the bottom of the NHL standings. Anders Sorensen, coach of the Blackhawks' Rockford IceHogs team in the American Hockey League, was named interim head coach. The move happened with generational player Connor Bedard going through a sophomore slump and unhappy with his production. He had a recently ended a 12-game goal drought and didn't make the Canadian roster for this season's 4 Nations Face-Off . "As we have begun to take steps forward in our rebuilding process, we felt that the results did not match our expectations for a higher level of execution this season and ultimately came to the decision that a change was necessary," general manager Kyle Davidson said in a statement about the coaching move. Richardson, 55, was hired before the start of the 2022-23 season. The Blackhawks finished 30th overall, moved up three spots in the draft lottery and chose Bedard, considered the NHL's best prospect since Connor McDavid. All things Blackhawks: Latest Chicago Blackhawks news, schedule, roster, stats, injury updates and more. He was coach for Bedard's first NHL season, when the center won rookie of the year despite missing 14 games with a broken jaw . But the Blackhawks finished with the league's second worst record and a .317 points percentage. It has been more of the same, even with Chicago adding veterans Tyler Bertuzzi and Teuvo Teravainen to complement Bedard. The Blackhawks' record is 8-16-2 and they're in a 2-7-1 slump. Richardson leaves Chicago with a 57-118-15 record and won't get a chance to coach in this season's Winter Classic. Richardson is the third NHL coach to be fired this season, following the Boston Bruins' Jim Montgomery and the St. Louis Blues' Drew Bannister . Sorenson, 49, a native of Sweden, has been with the Blackhawks organization since 2013-14 and become Rockford head coach in 2021-22, making the playoffs in all three seasons.Police deny sitting on evidence as Netflix doc brings renewed attention to JonBenet Ramsey's killing

WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau returned home Saturday after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. After the leaders’ hastily arranged dinner Friday night at Trump's Mar-a-Lago club in Florida, Trudeau spoke of “an excellent conversation” but offered no details. Trump said in a Truth Social post later Saturday that they discussed “many important topics that will require both Countries to work together to address.” For issues in need of such cooperation, Trump cited fentanyl and the “Drug Crisis that has decimated so many lives as a result of Illegal Immigration," fair trade deals "that do not jeopardize American Workers” and the U.S. trade deficit with its ally to the north. Trump asserted that the prime minister had made “a commitment to work with us to end this terrible devastation” of American families from fentanyl from China reaching the United States through its neighbors. The U.S., he said, “will no longer sit idly by as our Citizens become victims to the scourge of this Drug Epidemic.” The Republican president-elect has threatened to impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders when he takes office in January. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border last fiscal year, compared with 21,100 pounds at the Mexican border. On immigration, the U.S. Border Patrol made 56,530 arrests at the Mexican border in October alone and 23,721 arrests at the Canadian border between October 2023 and September 2024 — and Canadian officials say they are ready to make new investments in border security. Trudeau called Trump after the Republican's social media posts about the tariffs last Monday and they agreed to meet, according to a official familiar with the matter who was not authorized to publicly discuss detail of the private talks. The official said other countries are calling Canadian officials to hear how about how the meeting was arranged and to ask for advice. Mexican President Claudia Sheinbaum, after speaking with Trump on the telephone, said Thursday she was confident a tariff war with Washington would be averted. At the dinner that was said to last three hours, Trump said he and Trudeau also discussed energy, trade and the Arctic. A second official cited defense, Ukraine, NATO, China, the Mideast, pipelines and the Group of Seven meeting in Canada next year as other issues that arose. Trump, during his first term as president, once called Trudeau “weak” and “dishonest,” but it was the prime minister who was the first G7 leader to visit Trump since the Nov. 5 election. "Tariffs are a crucial issue for Canada and a bold move was in order. Perhaps it was a risk, but a risk worth taking,” Daniel Béland, a political science professor at McGill University in Montreal. Trudeau had said before leaving from Friday that Trump was elected because he promised to bring down the cost of groceries but now was talking about adding 25% to the cost of all kinds of products, including potatoes from Prince Edward Island in Atlantic Canada. “It is important to understand that Donald Trump, when he makes statements like that, he plans on carrying them out. There’s no question about it,” Trudeau said. “Our responsibility is to point out that he would not just be harming Canadians, who work so well with the United States, but he would actually be raising prices for Americans citizens as well and hurting American industry and business,” he added. The threatened tariffs could essentially blow up the North American trade pact that Trump’s team negotiated during his first term. Trudeau noted they were able to successfully renegotiate the deal, which he calls a “win win” for both countries. When Trump imposed higher tariffs as president, other countries responded with retaliatory tariffs of their own. Canada, for instance, announced billions of new duties in 2018 against the U.S. in a response to new taxes on Canadian steel and aluminum. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US $2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports are from Canada. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing in for national security. Canada is one of the most trade-dependent countries in the world, and 77% of Canada’s exports go to the U.S. ___ Gillies reported from Toronto.In the aftermath of the , while Thompson’s colleagues grieve and politicians decry his murder, some online discussion has shown little sympathy for Thompson or the industry he represented. Instead, social media has been in engulfed in expressions of anger at many Americans’ dire experiences at the hands of health insurance companies and outrage at the large profits that they generate. That belies the shock also generated by the brutality of Thompson’s death. The killing appeared premeditated and calculated. A gunman dressed in black waited for Thompson outside the midtown Manhattan Hilton where he was scheduled to speak at an investor’s meeting, approached him from behind with a handgun fitted with a silencer, and shot and killed the executive, according to police. He fled on an ebike into Central Park. A manhunt is ongoing. The motive is unknown. Andrew Witty, CEO of the parent company, UnitedHealth Group, called the attack “a terrible tragedy” in a message sent to company employees and shared with the Guardian. “Our hearts are with his family, especially his mom, his wife Paulie, his brother and his two boys, who lost a father today,” Witty said. Amy Klobuchar, a Democratic US Senator from Minnesota, described the killing as “a horrifying and shocking act of violence”. But in contrast, one commenter on about Thompson’s death wrote: “Can’t find the room to care over my daughter’s $60,000 cancer treatment. Thoughts and prayers.” Another said: “An innocent victim was gunned down in cold blood. Have a heart regardless of your health insurance.” Vacillating between the condemnation of violence and dark humor, celebratory memes and outright violent rhetoric, comments on social media highlight the deep and often unpleasant connection Americans have with their own health system. An expert in political violence told the Guardian he sees this as part of the US’s growing acceptance of violence as a way to settle civil disputes. “Now the norms of violence are spreading into the commercial sector,” said Robert Pape, director of the University of Chicago’s project on security and threats. “That’s what I saw when I saw this.” Although the motive for the killing is unknown, it has not stopped rampant speculation that there was an obvious candidate – Thompson’s work in corporate health insurance. That speculation was only furthered by the scrawled with the words “deny”, “depose” and “defend” in permanent marker. “What I think we’re really experiencing as a country is the erosion against norms,” said Pape, with the little sympathy among the “body politic” expressed in social media as one more example. “That means, basically, seeing violence as the more normal tool, or acceptable tool, to resolve what should be straightforward civil disputes resolved in nonviolent ways.” Thompson’s killing also laid bare the threat that healthcare executives face in a – from insurers to to . “It doesn’t seem paranoid to worry that someone who’s had services denied that they may believe are important might be in an emotionally unstable state and could take some action,” Michael Sherman, former chief medical officer at Point32Health, told , a health industry publication. “The most likely targets would be the chief medical officer ... or the CEO.” Comments online did not single out Thompson, a 50-year-old licensed accountant who reportedly kept a . Instead, they were targeted at an industry often seen as a despised fact of life in America. Comments laced “jokes” with the sting of denial, delay, debt and impenetrable bureaucracy, all and reviled experiences for the throngs of Americans who are now or have been insured through a private company. Another comment: “Does he have a history of shootings? Denied coverage.” Ranked by size, UnitedHealth Group is one of the biggest companies in the world. Measured by its market capitalization of it tops household names such as Mastercard and ExxonMobil. The company is one of the biggest private insurers in the nation, providing health coverage to more than 50 million Americans spanning employer insurance all the way to the elderly through Medicare Advantage. Thompson ran the insurance division of the company as a reportedly longtime employee who kept a low profile. With an enormous footprint, it is also the subject of near constant scrutiny. Thompson himself was part of an investigation into insider trading at the company. Early this year, after the Department of Justice began an inquiry into monopolistic practices, executives at United sold $101m in stocks, including Thompson, who sold $15m, before the public became aware of the investigation, according to . Witty was hauled in for over a that caused severe disruptions across the healthcare industry. UnitedHealthcare has been criticized as denying care to . While security executives for leading Fortune 500 companies gathered on Wednesday, others marveled in public that Thompson was unaccompanied on his way to the annual investor conference. Michael Julian, CEO of MPS Security & Protection, told that he “was shocked the guy didn’t have a protective detail”, implying that a head of an American healthcare giant would be an obvious target for the potentially aggrieved. “Whether this technically will fit the pigeonhole of political violence or not, it obviously will be an important issue,” said Pape, whose recent study showed a dramatic increase in instances of violent threats against both Democrats and Republicans since about 2017, the beginning of the first Trump term. “But it also misses the bigger picture of what’s been happening in our country.”CALGARY, AB , Dec. 5, 2024 /CNW/ - Headwater Exploration Inc. (the " Company " or " Headwater ") HWX is pleased to announce a 10% increase to the quarterly dividend beginning in 2025, preliminary 2025 budget and operations update. DIVIDEND INCREASE AND PRELIMINARY 2025 BUDGET Beginning in 2025, the quarterly dividend will increase to $0.11 per common share representing a 6.3% yield at a $7.00 common share price. Success in secondary recovery efforts along with positive exploration results provides confidence in Headwater's asset duration, continuously decreasing maintenance capital requirements and future growth plans. Following up a successful year in 2024 of growth, secondary recovery results, exploration success and continued land acquisitions, the Board has approved a 2025 budget as outlined below. Capital expenditures (1) of $225 million Maintenance and Growth Capital - $150 million Secondary Recovery Capital - $50 million Exploration Capital - $25 million Quarterly dividend of $0.11 /common share representing an approximate 6.3% yield Annual production of 22,250 boe/d representing 10% year over year production per share growth Adjusted funds flow from operations (2) of $320 million at US$70.00 /bbl WTI (1) Non-GAAP financial measure. Refer to "Non-GAAP and Other Financial Measures" within this press release. (2) Capital management measure. Refer to "Non-GAAP and Other Financial Measures" within this press release. (3) For assumptions utilized in the above guidance see "Guidance and Future Oriented Financial Information" within this press release. The 2025 budget is expected to generate 10% production per share growth at a 47% re-investment rate of adjusted funds flow from operations at US$70.00 /bbl WTI while paying a $0.44 /common share annual dividend and maintaining a positive 2025 exit adjusted working capital balance of approximately $37 million . The increase to the dividend is expected to be effective for the dividend anticipated to be paid on April 15, 2025 to shareholders of record at the close of business on March 31, 2025 . OPERATIONS UPDATE Secondary Recovery By year end 2024, Headwater will have 8 of 9 sections in the Marten Hills core area under secondary recovery. Recently drilled injection wells in the core are expected to grow stabilized production beyond current levels of 7,000 bbls/d. With the drilling of 6 injectors in the fourth quarter, Headwater now has 2 full sections under secondary recovery in Marten Hills West in the sandstone formation and 2 pilots in the Clearwater E formation. With the newest full section flood at section 22-75-02W5, stabilized oil volumes in the Marten Hills West sandstone now exceed 500 bbls/d. Based on highly encouraging results to date, Headwater intends to double its secondary recovery spending to $50 million in 2025. This will allow for the implementation of an additional 2-3 full sections of secondary recovery in the Clearwater sandstone and approximately 2 sections of secondary recovery in the Clearwater E formation. It is anticipated that by year end 2025, approximately 50% of Headwater's oil production will be supported by secondary recovery. Exploration Expenditures In 2024 Headwater tested 10 new play concepts resulting in 9 successful new development prospects. Exploration to expand our existing areas and develop new concepts continues to be a key value driver for Headwater. The 2025 exploration budget of $25 million contemplates drilling 5-7 currently untested play concepts. In addition, the exploration budget contemplates 8-10 wells that are expected to expand the boundaries of the plays discovered with the successful 2024 program. Clay Headwater is pleased to update that the 00/04-15-059-13W4 seven leg multi-lateral discovery well drilled in the McLaren formation has achieved a 60-day initial production rate of 201 bbls/d complementing the 30-day initial production rate of 205 bbls/d. Inflow remains extremely strong, setting up a highly anticipated follow-up program in the first half of 2025. Oil quality, reservoir and inflow characteristics make the 16-section prospect at Clay a candidate for secondary recovery, which will be evaluated as part of the 2025 program. Little Horse / Greater Nipisi The 12-leg multi-lateral discovery well targeting the Bluesky formation at 00/16-29-076-14W5 continues to perform beyond expectation achieving a 60-day initial production rate of 197 bbls/d compared to the 30-day initial production rate of 205 bbls/d. Headwater is very pleased with the result and is planning a follow-up test on the 20-section northern block in the first quarter of 2025. It is estimated the initial discovery well has validated a Bluesky pool 15-20 sections in size. McCully McCully was placed back on production December 1 st to align with our aggressive hedging profile. We have hedged approximately 83% of McCully's estimated December 2024 to April 2025 production at a price of Cdn$11.58 /mmbtu. The aggressive hedging profile used at McCully provides consistency in the free cashflow (1) which is expected to be approximately $12 million over this winter season (2) . (1) Non-GAAP financial measure. Refer to "Non-GAAP and Other Financial Measures" within this press release. (2) McCully's winter season is estimated to be December 2024 to April 2025. EXECUTIVE APPOINTMENTS Headwater remains committed to long term succession and is pleased to announce the following executive changes effective January 1 st , 2025. Jeff Magee (current Engineering Manager) has been promoted to Vice President Engineering and Terry Danku (current Vice President Engineering) has been promoted to Executive Vice President. Wade Hein (current Production Manager) has been promoted to Vice President Operations. Jeff and Wade have been an instrumental part of Headwater's success, leading the company's day to day planning and execution. Both individuals display exceptional leadership and are an integral part of Headwater's long term business plan. Terry's well deserved promotion to Executive Vice President will see his role expand to continue to lead the organization's exploitation efforts in addition to all business development. Jon Grimwood (current Vice President New Ventures) will be stepping back from his executive position at Headwater but will remain full-time as a senior technical advisor. Jon is a founding member of Headwater and has been instrumental to the success of the organization. More recently Jon has been focused on the Company's land expansion and exploration strategy which he will continue to do in his new role. Additional corporate information can be found in the Company's corporate presentation and on Headwater's website. FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements. The use of any of the words "guidance", "initial, "anticipate", "scheduled", "can", "will", "prior to", "estimate", "believe", "potential", "should", "unaudited", "forecast", "future", "continue", "may", "expect", "project", and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein, include, without limitation, 2025 guidance related to expected annual average production, expected capital expenditures and the breakdown thereof, expected adjusted funds flow from operations, expected dividends, and expected exit adjusted working capital; the expectation success in secondary recovery efforts along with positive exploration results provides confidence in Headwater's decreasing maintenance capital requirements and future growth plans ; the expectation to generate 10% production per share growth at a 47% re-investment rate of adjusted funds flow from operations at US$70.00 /bbl WTI while paying a $0.44 /common share annual dividend and maintaining a positive exit adjusted working capital balance of $37 million ; expectations regarding 2024 and 2025 secondary recovery capital expenditures and the associated supported oil volumes; expectations regarding 2025 exploration capital expenditures and the breakdown thereof; expectations regarding Clay and the potential for secondary recovery and the intention to evaluate in 2025; the intention to complete a follow-up test targeting the Bluesky formation in Little Horse/Greater Nipisi in Q1 2025; the estimated size of the Bluesky pool in Little Horse/Greater Nipisi; and the expected free cashflow generation from McCully over the upcoming winter season. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, which, in addition to the assumptions identified herein, also include but are not limited to, expectations and assumptions concerning the success of optimization and efficiency improvement projects, the availability of capital, current legislation, receipt of required regulatory approvals, the success of future drilling, development and waterflooding activities, the performance of existing wells, the performance of new wells, Headwater's growth strategy, general economic conditions, availability of required equipment and services, prevailing equipment and services costs, prevailing commodity prices. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; disruptions to the Canadian and global economy resulting from major public health events, the Russian-Ukrainian war, the Israeli-Hamas-Hezbollah conflict and other international conflicts and the impacts on the global economy and commodity prices; the impacts of inflation and supply chain issues and steps taken by central banks to curb inflation; terrorist events, political upheavals and other similar events; events impacting the supply and demand for oil and gas including actions taken by the OPEC + group; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price and exchange rate fluctuations, changes in legislation affecting the oil and gas industry and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures and risks associated with wildfires including safety of personnel, asset integrity and potential disruption of operations which could affect the Company's results, business, financial conditions or liquidity. Refer to Headwater's most recent Annual Information Form dated March 7, 2024 , on SEDAR+ at www.sedarplus.ca , and the risk factors contained therein. GUIDANCE AND FUTURE ORIENTED FINANCIAL INFORMATION: Any financial outlook or future oriented financial information in this press release, as defined by applicable securities legislation, has been approved by management of the Company as of the date hereof. Readers are cautioned that any such future oriented financial information contained herein should not be used for purposes other than those for which it is disclosed herein. The Company and its management believe that the prospective financial information as to the anticipated results of its proposed business activities for 2025 have been prepared on a reasonable basis, reflecting management's best estimates and judgments, and represent, to the best of management's knowledge and opinion, the Company's expected course of action. However, because this information is highly subjective, it should not be relied on as necessarily indicative of future results. The assumptions used in the 2025 guidance include: annual average production of 22,250 boe/d, WTI of US$70.00 /bbl, WCS of Cdn$79.40 /bbl, AGT US$9.00 /mmbtu, AECO of $2.20 CAD/GJ, foreign exchange rate of US$/Cdn$ of 0.72, blending expense of WCS less $1.90 , royalty rate of 18.3%, operating and transportation costs of $13.95 /boe, G&A and interest income and other expense of $1.30 /boe and cash taxes of $4.70 /boe. The AGT price is the average price for the winter producing months in the McCully field which include January to April and November to December. 2025 annual production guidance comprised of: 20,050 bbls/d of heavy oil, 60 bbls/d of natural gas liquids and 12.9 mmcf/d of natural gas. DIVIDEND POLICY: The amount of future cash dividends paid by the Company (including the dividend to be paid in April 2025 ), if any, will be subject to the discretion of the Board and may vary depending on a variety of factors and conditions existing from time to time, including, among other things, adjusted funds flow from operations, fluctuations in commodity prices, production levels, capital expenditure requirements, acquisitions, debt service requirements and debt levels, operating costs, royalty burdens, foreign exchange rates and the satisfaction of the liquidity and solvency tests imposed by applicable corporate law for the declaration and payment of dividends. Depending on these and various other factors, many of which will be beyond the control of the Company, the Board will adjust the Company's dividend policy from time to time and, as a result, future cash dividends could be reduced or suspended entirely. BARRELS OF OIL AND CUBIC FEET OF NATURAL GAS EQUIVALENT: The term "boe" (or barrels of oil equivalent) and "Mcf" (or thousand cubic feet of natural gas equivalent) may be misleading, particularly if used in isolation. A boe and Mcf conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Additionally, given that the value ratio based on the current price of crude oil, as compared to natural gas, is significantly different from the energy equivalency of 6:1; utilizing a conversion ratio of 6:1 may be misleading as an indication of value. I NITIAL PRODUCTION RATES: References in this press release to initial production or "IP" rates, other short-term production rates or initial performance measures relating to new wells are useful in confirming the presence of hydrocarbons; however, such rates are not determinative of the rates at which such wells will commence production and decline thereafter and are not indicative of long-term performance or of ultimate recovery. All IP rates presented herein represent the results from wells after all "load" fluids (used in well completion stimulation) have been recovered. While encouraging, readers are cautioned not to place reliance on such rates in calculating the aggregate production for the Company. Accordingly, the Company cautions that the test results should be considered to be preliminary. NON-GAAP AND OTHER FINANCIAL MEASURES In this press release, we refer to certain financial measures which do not have any standardized meaning prescribed by IFRS. Our determinations of these measures may not be comparable with calculations of similar measures for other issuers. In addition, this press release contains the terms adjusted funds flow from operations and adjusted working capital, which are considered capital management measures. Non-GAAP and other financial measures within this press release may refer to forward-looking Non-GAAP and other financial measures and are calculated consistently with the three months and nine months ended September 30, 2024 reconciliations as outlined below. Non-GAAP Financial Measures Capital expenditures Management utilizes capital expenditures to measure total cash capital expenditures incurred in the period. Capital expenditures represents capital expenditures – exploration and evaluation and capital expenditures – property, plant and equipment in the statement of cash flows in the Company's interim financial statements. Three months ended September 30, Nine months ended September 30, 2024 2023 2024 2023 (thousands of dollars) (thousands of dollars) Cash flows used in investing activities 63,136 62,030 180,920 188,998 Proceeds from government grant - - 354 - Change in non-cash working capital (4,940) 8,178 (7,094) 14,798 Capital expenditures 58,196 70,208 174,180 203,796 Free cashflow Management utilizes free cashflow to assess the amount of funds available for future capital allocation decisions. It is calculated as adjusted funds flow from operations net of capital expenditures before dividends. Three months ended September 30, Nine months ended September 30, 2024 2023 2024 2023 (thousands of dollars) (thousands of dollars) Adjusted funds flow from operations 84,185 80,887 248,654 206,279 Capital expenditures (58,196) (70,208) (174,180) (203,796) Free cashflow 25,989 10,679 74,474 2,483 Capital Management Measures Adjusted Funds Flow from Operations Management considers adjusted funds flow from operations to be a key measure to assess the Company's management of capital. Adjusted funds flow from operations is an indicator as to whether adjustments are necessary to the level of capital expenditures. For example, in periods where adjusted funds flow from operations is negatively impacted by reduced commodity pricing, capital expenditures may need to be reduced or curtailed to preserve the Company's capital and dividend policy. Management believes that by excluding the impact of changes in non-cash working capital and adjusting for current income taxes in the period, adjusted funds flow from operations provides a useful measure of Headwater's ability to generate the funds necessary to manage the capital needs of the Company. Three months ended September 30, Nine months ended September 30, 2024 2023 2024 2023 (thousands of dollars) (thousands of dollars) Cash flows provided by operating activities 95,272 85,568 240,721 212,626 Changes in non–cash working capital (9,092) 5,618 (2,678) (1,663) Current income taxes (12,223) (14,647) (38,848) (29,322) Current income taxes paid 10,228 4,348 49,459 24,638 Adjusted funds flow from operations 84,185 80,887 248,654 206,279 Adjusted Working Capital Adjusted working capital is a capital management measure which management uses to assess the Company's liquidity. Financial derivative receivable/liability have been excluded as these contracts are subject to a high degree of volatility prior to settlement and relate to future production periods. Financial derivative receivable/liability are included in adjusted funds flow from operations when the contracts are ultimately realized. Management has included the effects of the contribution receivable and repayable contribution to provide a better indication of Headwater's net financing obligations. As at September 30, 2024 As at December 31, 2023 (thousands of dollars) Working capital 74,925 78,610 Repayable contribution (10,713) (11,405) Financial derivative receivable (921) (3,758) Financial derivative liability 1,120 79 Adjusted working capital 64,411 63,526 Non-GAAP Ratios Dividend yield Dividend yield (also referenced as yield) is a non-GAAP ratio used by management to quantify how much Headwater pays out in dividends each year relative to its share price. It is calculated as the annualized dividend divided by the current share price of the Company. Reinvestment Rate Management believes the reinvestment rate is a useful measure to analyze the ratio of funds generated by the Company and used for reinvestment and is calculated as total maintenance and growth capital expenditures divided by adjusted funds flow from operations. SOURCE Headwater Exploration Inc. View original content: http://www.newswire.ca/en/releases/archive/December2024/05/c5202.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The AP Top 25 college football poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . KALAMAZOO, Mich. (AP) — Zahir Abdus-Salaam ran for a touchdown and caught another as Western Michigan defeated Eastern Michigan 26-18 on Saturday to become bowl eligible, snapping a three-game losing streak. Abdus-Salaam scored on a 22-yard run for a 23-8 lead in the third quarter and he celebrated by jumping into a snowbank bordering the end zone. The Broncos (6-6, 5-3 Mid-American Conference) blocked a punt for safety that started a run of 16 points in under four minutes. Abdus-Salaam scored on a 31-yard screen pass then Joey Pope recovered a fumble on the ensuing kickoff to set up Jalen Buckley’s 15-yard TD run with 19 seconds before the half ended. Eastern Michigan’s Delmert Mimms II scored two third-quarter touchdowns. The teams exchanged field goals for the only fourth-quarter scoring. The Eagles got the ball back with 2:18 remaining but on their first play Bilhal Kone intercepted a tipped pass. Eastern Michigan (5-7, 2-6) lost its last five games. Abdus-Salaam rushed for 135 yards and Buckley 103 on 19 carries apiece. Hayden Wolff threw for 126 yards and a score. Abdus-Salaam had 40 yards receiving. Mimms rushed for 127 yards on 18 carries. Cole Snyder was only 7 of 22 for 91 yards passing. ___ AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25

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NFL Saturday Schedule: Week 17 Matchups with Playoff Implications – Chargers, Broncos, and Rams Face Critical ShowdownsA U.S. Supreme Court case on gender affirming care for teens will likely have major implications for transgender rights nationwide, but Montana’s unique state Constitution could safeguard protections nevertheless, an ACLU attorney says. In question at the nation’s highest court is a 2023 Tennessee state law that prohibits trans youth from receiving medical treatments prescribed to help them transition such as puberty blockers and hormone therapy. It’s very similar to from the last legislative session, which banned a slew of procedures and treatments used for gender dysphoria, the psychiatric condition that creates distress for a person whose gender identity differs from their sex assigned at birth. SB 99, titled "Montana’s Youth Protection Act," was temporarily blocked by a Missoula district court judge last year, days before it was set to go into effect. asks whether the Tennessee transgender health care ban is tantamount to discrimination under the federal Constitution’s equal protection clause. President Joe Biden’s administration brought the legal challenge, arguing Tennessee’s law should be overturned on these grounds. Lawyers representing the state of Tennessee contend that though the law applies specifically to trans teens, it should not trigger the greater legal standard required to protect against sex-based discrimination. Supreme Court justices heard oral arguments on Tuesday. A decision is not expected until July, though it appears likely that the conservative majority will rule in favor of Tennessee. Trans rights advocates worry such a ruling could open the door to all kinds of targeted restrictions. Alex Rate, legal director for ACLU of Montana, said the outcome of the case should not directly impact ongoing efforts to overturn SB 99 because of the unique protections in the Montana Constitution that go beyond federal law. The federal Constitution sets the floor, “below which we cannot go,” Rate explains, but states have the power to determine the ceiling, which means they can grant individuals greater protections that expand on federal liberties. Abortion rights are an illustrative example of how these differences between state and federal law can play out. When overturned federal abortion protections, Montana’s constitutional right to privacy continued to ensure access to reproductive health care. Chase Scheuer, press secretary for Attorney General Austin Knudsen, urged the United States Supreme Court to uphold the Tennessee law. When Gov. Greg Gianforte signed SB 99 into law in April 2023, the ACLU promptly filed a lawsuit against it representing three families with transgender youth and two medical providers who work with transgender youth. The case, then resulted in a preliminary injunction against SB 99 from a Montana state district court judge, “is unlikely to survive any level of constitutional review” and “barring access to gender affirming care would negatively impact gender dysphoric minors’ mental and physical health.” According to Rate, Montana’s equal protection clause is more specific than its federal counterpart and has been interpreted by state courts to provide greater protections. Additionally, he argues the state’s robust right to privacy encompasses decisions made between parents, transgender teens and their health care providers. Scheuer had a different take. "The Supreme Court’s decision could undercut the ACLU’s similar attack on SB99 in Montana as well," he said in a statement to the Montana State News Bureau. Should a new U.S. Congress pass federal legislation banning gender affirming care for transgender youth, for example, that could negate the ability of Montana health providers to offer the care, despite the state Constitution. There’s not a lot of law on transgender rights in Montana, which means there isn’t a great amount of legal precedent at the state level. It’s possible Montana courts could defer to federal decisions at the Supreme Court or elsewhere when thinking about a legal framework for analyzing the constitutionality of SB 99 or other future laws. “One would hope that a faithful interpretation of our state Constitution would lead to a potentially different result than what’s happening at the federal end,” Rate said. Gianforte continues to support SB 99 and other restrictions on health care for transgender youth like the one in Tennessee. He filed an amicus brief with the Supreme Court in October urging justices to uphold the Tennessee law on the basis that it allows youth to “have the freedom to grow up unhampered by improper interests and agendas and with access to appropriate tools and resources to promote both their development and ultimate success in society.” The governor’s administration applied many of the same arguments in the amicus brief as it has when supporting SB 99. It argues that medical treatments for gender dysphoria are “permanent, invasive, and life-altering” and that the state doesn’t seek to limit them for adults, only minor children. As of Aug., 26 states, including Montana, had passed some kind of ban against gender dysphoria health care for high school-aged youth. A majority are either currently tied up in litigation or temporarily blocked by the courts. Gender affirming care is considered safe, effective and medically necessary by major professional health associations, including the American Medical Association, the American Academy of Pediatrics, and the Endocrine Society. Oral arguments for are scheduled for June.