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Last C$27.28 CAD
Change Today -0.41 / -1.48%
Volume 1.1M
HSE On Other Exchanges
As of 3:13 PM 04/28/15 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

2013, there were 14 development wells drilled in the Graben area, consisting of 8 production wells, 3 water injection wells, and 3 gas injection wells. In the East Flank area there were 13 development wells, consisting of 8 production wells and 5 water injection wells. East Coast Exploration: The company holds working interests ranging from 5.8% to 73.125% in 23 discovery areas in the Jeanne d’Arc Basin, Flemish Pass Basin, offshore Labrador and Baffin Island. Husky and its partner made 2 additional oil discoveries in the Flemish Pass Basin, at Harpoon and Bay du Nord in 2013. The company also intends to participate in additional exploration and delineation wells during 2014, including in the southern Flemish Pass Basin and the Jeanne d’Arc Basin. Greenland The company is the operator of two ELs offshore the west coast of Disko Island, Greenland. Oil Sands Sunrise Energy Project: The company and BP completed a transaction that created an integrated North American oil sands business. The business includes a 50/50 partnership to develop the Sunrise Energy Project, operated by the company, and a 50/50 limited liability company for the BP-Husky Toledo Refinery, operated by BP. Tucker Oil Sands Project: Tucker is an in-situ SAGD oil sands project located 30 kilometers northwest of Cold Lake, Alberta. Undeveloped Oil Sands Assets: The company holds approximately 550,000 acres in undeveloped oil sands leases and has a 100% working interest in all leases except in Athabasca South, in which it has a 50% working interest. Heavy Oil Lloydminster Heavy Oil and Gas: The majority of the company’s heavy oil assets are located in the Lloydminster region of Alberta and Saskatchewan, with lands consisting of approximately 2 million acres. The company operates approximately 4,500 wells in the area, with a 100% working interest in the majority of these wells. Its operations are supported by a network of the company owned oil treating facilities and pipelines that transport heavy crude oil from the field locations to the Husky Lloydminster asphalt refinery, the Husky Lloydminster Upgrader and the third-party pipeline systems at Hardisty, Alberta, providing integration with the company’s Infrastructure and Marketing and Downstream businesses. Non-Thermal Enhanced Oil Recovery: The company operated five solvent EOR pilot programs in 2013 and a CO2 capture and liquefaction plant at the Lloydminster Ethanol Plant. This liquefied CO2 is used in the ongoing EOR piloting program. Western Canada (excluding Heavy Oil and Oil Sands) Northwest: Western Canada northwest conventional development operations are located primarily in north and central Alberta from the foothills in western Alberta to Slave Lake and Grande Prairie in northern Alberta. The company operates 85 facilities in the area. Southeast: The company’s Western Canada southeast conventional development operations are located primarily in southern Alberta and southern Saskatchewan. It operates 68 crude oil and 27 gas facilities in the area. The company has approximately 100 wells producing from the plays and intends to continue to develop and optimize infrastructure in all areas. Rainbow Development: Rainbow Lake, located approximately 700 kilometers northwest of Edmonton, Alberta, is the site of the company’s major light oil production operation in Western Canada. Cogeneration The company holds a 50% interest in a 90 MW natural gas fired cogeneration facility adjacent to its Rainbow Lake processing plant. The cogeneration facility produces electricity for the Power Pool of Alberta and thermal energy, or steam, for the Rainbow Lake processing plant. Results from this joint venture are included in Upstream Exploration and Production. Distribution of Oil and Gas Production Crude Oil and NGL: The company provides heavy crude oil feedstock to its Upgrader and its asphalt refinery, which are located at Lloydminster, Alberta/Saskatchewan. The company markets heavy crude oil production directly to refiners located in the mid-west and eastern United States and Canada. It markets its light and synthetic crude oil production to third-party refiners


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