Husky is transforming its business in the Western Canada Sedimentary Basin with a growing focus on oil and liquids-rich gas resource plays, while continuing to reduce well costs and improve performance. It is using new technologies, such as non-thermal enhanced oil recovery (EOR), horizontal drilling and multi-stage fracturing, to access these plays.
The Company's oil resource portfolio includes holdings in the Bakken, Viking, Lower Shaunavon, Cardium, Muskwa and Canol formations. In its gas plays, Husky is concentrating on those with high liquids content, including the Duvernay, Montney, Cardium and Wilrich formations.
Husky continues to hold a number of mature fields in the Western Canada Sedimentary Basin. It is focusing on accessing resources close to existing infrastructure to maximize capital efficiency.
The Company also owns and operates the Rainbow Lake Processing Plant and the Ram River Sour Gas Plant.