April 20 (Reuters) - Husky Energy Inc HSE.TO :
* HUSKY ENERGY CUTS 2020 CAPITAL SPENDING TO $1.7 BILLION
* HUSKY ENERGY INC - INTEGRATED CORRIDOR UPSTREAM PRODUCTION REDUCED BY OVER 80,000 BBLS/DAY / U.S. REFINERY THROUGHPUT REDUCED
* HUSKY ENERGY INC - LIQUIDITY INCREASED BY $500 MILLION TO $5.2 BILLION
* HUSKY ENERGY INC - REDUCING PRODUCTION AND REFINERY THROUGHPUT TO ADDRESS NEAR-TERM NEGATIVE CASH MARGINS UNTIL SUPPLY AND DEMAND IS REBALANCED
* HUSKY ENERGY INC - REDUCING AND DEFERRING ALL DISCRETIONARY CAPITAL SPENDING
* HUSKY ENERGY INC - SEES TOTAL 2020 CAPITAL GUIDANCE $1,600 MILLION - $1,800 MILLION
* HUSKY ENERGY INC - CURRENT U.S. REFINERY THROUGHPUT HAS BEEN REDUCED BY AROUND 95,000 BBLS/DAY, OR APPROXIMATELY 40% BELOW MAXIMUM CAPACITY
* HUSKY ENERGY INC - CONTINUES TO SAFELY SHUT-IN PRODUCTION ACROSS ITS INTEGRATED CORRIDOR BUSINESS, WHERE APPROPRIATE