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Last C$27.54 CAD
Change Today +0.09 / 0.33%
Volume 597.3K
HSE On Other Exchanges
As of 4:00 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

707-8th Avenue SW

PO Box 6525

Station D

Calgary, AB T2P 3G7


Phone: 403-298-6111

Fax: 403-298-7464

Husky Energy Inc. operates as an international integrated energy company. Segments The company’s business is conducted primarily through two major business segments, Upstream and Downstream. Upstream segment This segment includes exploration for, and development and production of, crude oil, bitumen, natural gas, and NGL (Exploration and Production) and marketing of the company’s and other producers’ crude oil, natural gas, NGL, sulphur and petroleum coke, pipeline transportation, the blending of crude oil and natural gas, and storage of crude oil, diluent and natural gas (Infrastructure and Marketing). The company’s Upstream operations are located primarily in Western Canada, offshore East Coast of Canada, offshore China, offshore Indonesia, and offshore Taiwan. Properties and Facilities China Liwan Gas Project: The Liwan Gas Project includes the natural gas discoveries at the Liwan 3-1, Liuhua 34-2, and Liuhua 29-1 fields within the Contract Area 29/26 exploration block. Wenchang: The Wenchang field is located in the western Pearl River Mouth Basin, approximately 400 kilometers south of the Hong Kong Special Administrative Region and 100 kilometers east of Hainan Island. The company holds a 40% working interest in two oil fields. The Wenchang 13-1 and 13-2 oil fields are producing from 32 wells in 100 meters of water into an FPSO stationed between fixed platforms located in each of the 2 fields. Taiwan The company has a joint venture agreement with CPC Corporation, Taiwan for an exploration block in the South China Sea. The exploration block is located 100 kilometers southwest of the island of Taiwan and covers approximately 10,300 square kilometers. The company holds a 75% working interest during exploration, while CPC Corporation has the right to participate in the development program approximately a 50% interest. Indonesia Madura Strait: The company has a 40% interest in approximately 621,700 acres (2,516 square kilometers) of the Madura Strait block, located offshore East Java, south of Madura Island, Indonesia. Its two partners are CNOOC, which is the operator and has a 40% working interest, and Samudra Energy Ltd., which holds the remaining 20% interest through its affiliate, SMS Development Ltd. North Sumbawa II: The company has a PSC with the Government of Indonesia for the North Sumbawa II contract area. It holds a 100% interest in the North Sumbawa II block, which is located in the East Java Basin approximately 300 kilometers east of the Madura Strait block and covers an area of 937,300 acres (3,793 square kilometers). Atlantic Region The company’s offshore East Coast exploration and development program is focused in the Jeanne d’Arc Basin on the Grand Banks, which contains the Hibernia and Terra Nova fields, the White Rose field and satellite extensions, which include the North Amethyst, West White Rose and the South White Rose Extensions, and the Flemish Pass Basin offshore Newfoundland, which contains the Mizzen, Bay du Nord and Harpoon discoveries. The company is the operator of the White Rose field and satellite extensions, and holds an ownership interest in the Terra Nova field, as well as in various smaller undeveloped fields. It also holds exploration acreage offshore Newfoundland and a portfolio of exploration licenses (ELs) offshore Greenland. White Rose Oil Field: The White Rose oil field is located 354 kilometers off the coast of Newfoundland and approximately 48 kilometers east of the Hibernia oil field on the eastern section of the Jeanne d’Arc Basin. The company is the operator of the White Rose field and satellite tiebacks, including the North Amethyst, West White Rose, and South White Rose extensions. The company has a 72.5% working interest in the core field and a 68.875% working interest in the satellite fields. Terra Nova Oil Field: The Terra Nova oil field is located approximately 350 kilometers southeast of St. John’s, Newfoundland in 91 to 100 meters of water. The Terra Nova oil field is divided into three areas, known as the Graben, the East Flank, and the Far East. The company’s working interest in the field is 13%. As of December 31,


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