Jan 17 (Reuters) - Husky Energy Inc HSE.TO :
* HUSKY OFFER FOR MEG EXPIRES WITHOUT EXTENSION
* HUSKY WILL NOT EXTEND ITS OFFER GIVEN LACK OF MEG BOARD AND SHAREHOLDER SUPPORT
* OFFER EXPIRED JANUARY 16 WITH MINIMUM TENDER CONDITION NOT MET
* COMPANY TO FOCUS ON DEVELOPING ITS DEEP PORTFOLIO OF ORGANIC GROWTH PROJECTS AS SET OUT AT INVESTOR DAY ON MAY 28, 2018
* POTENTIAL DIVESTMENT OF HUSKY'S RETAIL BUSINESS AND PRINCE GEORGE REFINERY WILL CONTINUE
* POTENTIAL DIVESTMENT OF HUSKY'S RETAIL BUSINESS AND PRINCE GEORGE REFINERY WILL CONTINUE
* DUE TO INSUFFICIENT MEG BOARD AND SHAREHOLDER SUPPORT, HUSKY HAS DECIDED NOT TO EXTEND ITS OFFER
* WILL CONTINUE TO FOCUS ON CAPITAL DISCIPLINE AND DELIVERY OF FIVE-YEAR PLAN WE SET OUT AT INVESTOR DAY IN MAY 2018
* CO'S PRIORITIES ARE TO MAINTAIN A STRONG BALANCE SHEET, RETURN CASH TO SHAREHOLDERS THROUGH A DIVIDEND
* ALL MEG SHARES THAT HAVE BEEN TENDERED TO OFFER WILL BE PROMPTLY RETURNED TO SHAREHOLDERS