CALGARY, AB--(Marketwired - July 16, 2015) - Husky Energy (TSX: HSE) has commenced production at the Rush Lake heavy oil thermal project in Saskatchewan. First oil at the 10,000 barrels per day (bbls/day) development was achieved eight weeks following the startup of steaming operations and just two years after project sanction. "Rush Lake joins an expanding lineup of thermal projects that are providing solid returns even [...]
CALGARY, AB--(Marketwired - July 06, 2015) - Husky Energy (TSX: HSE) is continuing to ramp up production at the Sunrise Energy Project in northeast Alberta. Sunrise began producing bitumen in mid-March 2015. Twenty-five well pairs are now on production, with steaming under way on 43 of 55 well pairs. Strong reservoir and facility performance has contributed to increasing production volumes averaging 5,000-5,500 barrels [...]
CALGARY, AB--(Marketwired - July 03, 2015) - Husky Energy (TSX: HSE) is undertaking maintenance at its Lloydminster Upgrader that will see operations temporarily suspended for an estimated period of six to eight weeks. The unplanned maintenance activity is underway and will address repairs to the facility's coke drums. Upstream heavy oil production is not expected to be impacted. Husky Energy is one of Canada's largest [...]
CALGARY, AB--(Marketwired - June 29, 2015) - Husky Energy (TSX: HSE) has started production from the South White Rose project in the Jeanne d'Arc Basin offshore Newfoundland and Labrador. "South White Rose is Husky's second major subsea satellite tieback following the successful North Amethyst subsea project," said CEO Asim Ghosh. "Both of these projects extend the life of the main White Rose field and use the SeaRose [...]
CALGARY, ALBERTA--(Marketwired - June 9, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Husky Energy (TSX:HSE) has agreed to issue to a syndicate of underwriters led by RBC Capital Markets, BMO Capital Markets and Scotia Capital Inc. for distribution to the public 6,000,000 Cumulative Redeemable Preferred Shares, Series 7 (the "Series 7 Shares"). The Series 7 Shares will [...]
CALGARY, AB--(Marketwired - May 25, 2015) - Husky Energy (TSX: HSE) announces that Chief Operating Officer Rob Peabody will be participating in a panel discussion at the RBC Capital Markets 2015 Global Energy and Power Executive conference in New York. Details: Date: Monday, June 1, 2015 Time: 8:30 a.m. Mountain Time (10:30 a.m. Eastern Time) A link to the audio webcast will be available at the start of the discussion on [...]
CALGARY, AB--(Marketwired - May 21, 2015) - Husky Energy (TSX: HSE) has started commercial steam operations at the 10,000 barrels per day (bbls/day) Rush Lake heavy oil thermal project in Saskatchewan, approximately eight weeks ahead of schedule. Like the Company's other thermal projects, Rush Lake is expected to ramp up to full production in a short time period. "Rush Lake is the latest in a series of long life, low [...]
CALGARY, AB--(Marketwired - May 06, 2015) - The Board of Directors of Husky Energy (TSX: HSE) has declared a quarterly dividend of $0.30 (Canadian) per share on its common shares for the three-month period ended March 31, 2015. The dividend will be payable on July 2, 2015 to shareholders of record at the close of business on June 5, 2015. A regular quarterly dividend payment on the 4.45 percent Cumulative Redeemable [...]
CALGARY, AB--(Marketwired - May 06, 2015) - Husky Energy (TSX: HSE) reported solid results in the first quarter, including cash flow from operations of $838 million, net earnings of $191 million and production of 356,000 barrels of oil equivalent per day (boe/day), reflecting the resiliency of its portfolio in a low oil price environment. "The structural changes made by Husky since 2010, including the decision to remain [...]
CALGARY, AB--(Marketwired - April 22, 2015) - Husky Energy (TSX: HSE) will release its first quarter 2015 financial results before markets open on Wednesday, May 6, 2015. A conference call will be held the same day beginning at 8 a.m. Mountain Time (10 a.m. Eastern Time). CEO Asim Ghosh, COO Rob Peabody, CFO Jonathan McKenzie, Deputy CFO and Treasurer Darren Andruko and Downstream Senior VP Bob Baird will participate in [...]
CALGARY, AB--(Marketwired - April 16, 2015) - Husky Energy (TSX: HSE) announces the appointment of Jonathan McKenzie as Chief Financial Officer (CFO) effective April 27, 2015. McKenzie has more than 20 years of professional experience, including about 15 years in the Canadian oil and gas industry. He most recently served as Chief Commercial Officer of Irving Oil Ltd., based in Saint John, New Brunswick. Prior to joining [...]
CALGARY, AB--(Marketwired - March 11, 2015) - Husky Energy (TSX: HSE) has started oil production at the Sunrise Energy Project in northern Alberta."Sunrise is the latest in a series of resilient, low sustaining capital projects to come online from our diverse portfolio," said CEO Asim Ghosh. "We are expecting more than 40 years of production from this reservoir with very low ongoing capital costs."Steam operations began [...]
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