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Last C$18.04 CAD
Change Today -0.14 / -0.77%
Volume 473.3K
As of 4:00 PM 11/26/15 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 This segment includes exploration for, and development and production of, crude oil, bitumen, natural gas, and natural gas liquids (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 and offshore Indonesia. 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 located in the Pearl River Mouth Basin of the South China Sea, approximately 300 kilometers southeast of the Hong Kong Special Administrative Region. The CNOOC-operated shallow water development also includes a 261 kilometer 30 inch diameter pipeline running from the central platform to the onshore Gaolan Gas Plant. The gas plant includes liquids separation facilities, 10 spherical NGL storage tanks, an export jetty, control facilities, as well as administrative and accommodation buildings. The Liwan 3-1 field commenced production at the end of March 2014. The gas field is producing from 9 wells to the central platform and on through to the onshore Gaolan Gas Plant. The single production well, Liuhua 34-2 field was tied into the deep water facilities of the Liwan 3-1 field and commenced production in December 2014. Wenchang The Wenchang field is located in the western Pearl River Mouth Basin, approximately 400 kilometers south of the Hong Kong Special Administrative Region. The company holds a 40% working interest in two oil fields, which commenced production in 2002. 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 two 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 10,000 square kilometers. The company holds a 75% working interest during exploration, while CPC Corporation has the right to participate in the development program up to 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 holds a 100% interest in the North Sumbawa II Block, which is located in the East Java Basin and covers an area of 937,300 acres (3,793 square kilometers). Anugerah The company holds a 100% interest in the Anugerah Block, which is located in the East Java Basin approximately 150 kilometers east of the Madura Strait Block and 220 km west of the North Sumbawa II Block. The block covers an area of 2,030,000 acres (8,215 square kilometers) with main prospective locations in water depths of 800 to 1,300 meters. 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, including North Amethyst, West White Rose and the South White Rose Extensions; and the Flemish Pass Basin, which contains the Mizzen, Bay du Nord and Harpoon discoveries. Husky is the operator of the White Rose field and satellite extensions, and holds an ownership interest in the Terra Nova field, as well as various smaller u


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