Husky Energy is one of Canada's largest integrated energy companies. It is headquartered in Calgary, Alberta, and is publicly traded on the Toronto Stock Exchange under the symbols HSE and HSE.PR.A. The Company operates worldwide with Upstream and Downstream business segments.
A combination of technological innovation, prudent investment, sound project management and responsible resource development allows Husky to deliver strong returns to shareholders. The Company has a well-defined and growth-oriented business plan, a stable foundation and has set course to realize value from three mid- to long-term growth pillars.
Western Canada is Husky's historic foundation. With extensive conventional oil and natural gas assets, significant heavy oil production, and upgrading and transportation infrastructure, the Company is pursuing new oil and gas resource plays and using technological innovation to unlock value.
Husky is active in the exploration and production of heavy oil, light crude oil, natural gas and natural gas liquids. The Western Canada strategy is composed of growing oil resource plays, directing capital into liquids-rich gas play, de-risking dry gas plays and maintaining heavy oil production.
Husky's foundation in Western Canada supports major growth opportunities in the Oil Sands, the Atlantic Region and the Asia Pacific Region.
Husky began operating in the Asia Pacific Region in 1989 and has developed a strategic growth plan to accelerate returns from its assets in the region. Its current focus is to advance three major natural gas development projects on Block 29/26 in the South China Sea, approximately 300 kilometres southeast of Hong Kong.
Husky's significant position in the oil sands is being advanced with proven technologies and responsible environmental stewardship. Unlocking the potential of this vast resource is the Sunrise Energy Project. Sunrise is a premier, in-situ oil sands development that marks the beginning of a new era for Husky in developing this increasingly important source of energy.
The Atlantic Region is a core development area for Husky. It is the operator and majority owner in the White Rose oil field and satellite expansions, including North Amethyst, the first subsea tieback offshore Canada. Husky has an ownership interest in the Terra Nova field as well as a number of other significant discoveries in the Jeanne d'Arc Basin.
Husky's Downstream operations provide strategic support to its Upstream assets, delivering operational excellence through safe and reliable performance.
Downstream operations include commodity marketing, pipeline transportation and storage, upgrading and refining crude oil, power cogeneration and marketing gasoline, diesel, jet fuel, asphalt, ethanol and related products in Canada and the United States.
Downstream operations target three primary objectives: increasing feedstock flexibility to bring the best-priced crude to the Company's refineries, improving product flexibility in the range of its products to capitalize on opportunities and enhancing market flexibility for products to achieve the best returns.
Husky's retail distribution network includes the wholesale, commercial and retail marketing of refined petroleum products and provides income from non-fuel related revenues through its convenience store, restaurant and car wash operations.
It is committed to continuous improvement of operational integrity by conducting all activities safely and reliably so that the public is protected, impact to the environment is minimized, the health and well-being of employees, contractors and customers is safeguarded, and physical assets are protected from damage or loss.