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14 Dec 2016

Husky plans to increase capital spending next year

Author: Alberta Innovates Staff  /  Categories: Energy, Corporate  / 
 
 Husky Energy upgrader facility near Lloydminster

Husky Energy says it’s planning to increase its capital spending program next year to between US$2.6 billion and US$2.7 billion.

That’s up from about US$2 billion this year, which was about $100 million below Husky’s previous estimate.

Husky is also planning to increase daily oil production next year as volumes increase from several projects.

Read the full story from Global News.

In January 2016, Husky announced an $800-million cut from its projected capital spending.

Read the full story from the Calgary Herald.

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