May 28 (Reuters) - Husky Energy Inc HSE.TO :
* HUSKY ENERGY UPDATES FIVE-YEAR PLAN AND INCREASES FREE CASH FLOW GENERATION OUTLOOK
* HUSKY ENERGY INC - TOTAL CAPITAL SPENDING OVER 2019 - 2023 FIVE-YEAR PERIOD IS REDUCED BY ABOUT $1.7 BILLION
* HUSKY ENERGY INC - COMPANY REMAINS ON TARGET WITH ITS 2019 CAPITAL SPENDING GUIDANCE OF $3.3 TO $3.5 BILLION
* HUSKY ENERGY INC - 2019 GUIDANCE REMAINS UNCHANGED
* HUSKY ENERGY INC - REDUCED CAPITAL SPENDING TO ACHIEVE AN ANNUAL AVERAGE OF $3.15 BILLION FOR 2019 - 2023
* HUSKY ENERGY INC - TOTAL CAPITAL SPENDING OVER 2019 - 2023 FIVE-YEAR PERIOD IS REDUCED BY ABOUT $1.7 BILLION
* HUSKY ENERGY INC - CONTINUES TO EXPLORE POTENTIAL SALE OF ITS CANADIAN RETAIL AND COMMERCIAL FUELS BUSINESS AND PRINCE GEORGE REFINERY
* HUSKY ENERGY INC - TO CONTINUE TO INVEST IN ORGANIC GROWTH OPPORTUNITIES IN ITS TWO CORE BUSINESSES, INTEGRATED CORRIDOR AND OFFSHORE.
* HUSKY ENERGY INC - TOTAL FREE CASH FLOW BEFORE DIVIDENDS EXPECTED TO REACH $8.7 BILLION AT A FLAT $60 US WTI PLANNING PRICE FOR 5-YEAR PERIOD
* HUSKY ENERGY - PLAN ACHIEVES A SIGNIFICANT INCREASE IN FREE CASH FLOW WHILE INCREASING PRODUCTION BY ABOUT 100,000 BARRELS PER DAY THROUGH 2023