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BRIEF-Husky Energy says on track to complete eight projects by end of 2016

Published 2016-06-01, 06:16 a/m
© Reuters.  BRIEF-Husky Energy says on track to complete eight projects by end of 2016
HSE
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June 1 (Reuters) - Husky Energy Inc HSE.TO
* 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

Source text for Eikon: ID:nMKWKHgT4a
Further company coverage: HSE.TO

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