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Husky Energy Inc (HUSKF.PK)

HUSKF.PK on OTC Markets Group

24 Mar 2017
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$-0.04 (-0.35%)
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Latest Key Developments (Source: Significant Developments)

Husky Energy announces notes offering
Tuesday, 7 Mar 2017 01:53pm EST 

Husky Energy Inc : Husky energy announces notes offering . Has agreed to issue $750 million CDN in notes maturing on March 10, 2027 . 2027 notes have a coupon of 3.60 percent .Net proceeds of offering to be used for repayment when due in sept of husky's 6.20 percent notes in principal amount of $300 million.  Full Article

Husky Energy reports Q4 FFO of $0.67 per share
Friday, 24 Feb 2017 06:00am EST 

Husky Energy Inc : Husky Energy reports 2016 fourth quarter and annual results . Qtrly upstream production was 327,000 boe/day, compared to 357,000 boe/day in Q4 of 2015 .Qtrly FFO per share $0.67.  Full Article

Husky Energy says CEO Asim Ghosh to retire
Wednesday, 26 Oct 2016 09:58pm EDT 

Husky Energy Inc : Husky energy announces CEO Asim Ghosh transition plan and retirement . Ghosh will remain on board of directors . Chief Operating Officer Rob Peabody appointed president and chief executive officer and to board of directors .President and CEO Asim Ghosh will be retiring effective December 5, 2016.  Full Article

Husky Energy, CNOOC announce agreement for Liwan gas project
Tuesday, 2 Aug 2016 05:30pm EDT 

Husky Energy Inc : Husky energy and cnooc limited announce agreement for liwan gas project . "long term fundamentals remain strong for natural gas demand in china" . Plans will get underway to finalize commercial and development approach to tie liuhua 29-1 field into liwan infrastructure . Liquids production, net to husky, is expected to remain in range of 5,000-6,000 barrels per day for project . Co's china unit signed agreement with cnooc, relevant cos for price adjustment of natural gas from liwan 3-1 and liuhua 34-2 fields .Agreement for price adjustment of natural gas from liwan 3-1, liuhua 34-2 that will see price set at $12.50-15.00 cdn per thousand cubic feet.  Full Article

Husky Energy apologises for Saskatchewan crude pipeline leak
Monday, 25 Jul 2016 05:05pm EDT 

Husky Energy : Says 'deeply sorry' for oil spill into North Saskatchewan river, accepts full responsibility for pipeline leak . Husky Energy's Vice President of Exploration, Production and Services says will 'make right' costs of oil spill cleanup in Saskatchewan . Husky Energy's VP Pate says northern part of Saskatchewan pipeline gathering system is down, will stay that way until crisis dealt with .Husky Energy's Pate declines to say whether company has shut in any oil production as a result of Saskatchewan pipeline spill.  Full Article

Husky Energy Q2 loss per share C$0.20
Friday, 22 Jul 2016 06:54am EDT 

Husky Energy Inc : Average upstream production in quarter was about 316,000 boe/day . Husky energy inc qtrly loss per share c$0.20 . Upstream operating costs during quarter were $13.90 ($10.79 us) per barrel compared to $15.72 ($12.78 us) per barrel a year ago .Husky energy announces 2016 second quarter results.  Full Article

Husky Energy closes deal that created new limited partnership
Monday, 18 Jul 2016 06:00am EDT 

Husky Energy Inc : Has received $1.7 billion in cash proceeds from transaction .Closed a transaction that results in creation of a new limited partnership, Husky Midstream Limited Partnership.  Full Article

Husky energy says starts steam operations at Edam West
Thursday, 16 Jun 2016 04:30pm EDT 

Husky Energy Inc : Husky energy begins steam operations at Edam West and provides thermal update . Has commenced steam operations at 4,500 barrels per day (bbls/day) Edam West Thermal in Saskatchewan . By end of this year, more than 40 per cent of Husky's overall production is expected to come from low sustaining capital projects .Combined production from Lloyd Thermals and Tucker is now 85,000 bbls/day and is expected to exceed 100,000 bbls/day in second half of 2016.  Full Article

Husky Energy's Ghosh says steadily ramping up Sunrise project in Alberta
Wednesday, 1 Jun 2016 09:18am EDT 

Husky Energy CEO Asim Ghosh says company seeing strong reservoir performance as it steadily ramps up output at its 30,000 bpd Sunrise project in Canada's fire-stricken Alberta province. (Reporting By Eric M. Johnson) ((Eric.m.johnson@thomsonreuters.com;)):.  Full Article

Husky Energy says on track to complete eight projects by end of 2016
Wednesday, 1 Jun 2016 06:00am EDT 

Husky Energy Inc : On track to complete eight projects by end of 2016, which are expected to contribute close to 90,000 bbls/day of new production . Combined production from Lloyd thermals and Tucker is expected to exceed 100,000 bbls/day in second half of year . "Husky can generate enough cash to maintain current production levels with wti oil prices in mid-$30s us" . For 2016, an increase in wti oil prices from $40 to $50 us on an annualized basis is expected to generate about $800 million in free cash flow . At least 18 additional thermal projects in Lloyd region have been identified for advancement .Oil prices above mid-$30s are expected to produce free cash flow.  Full Article

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