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2015-11-03 19:10:00

HUSKY NET LOSS C$4.1 BLN

HUSKY NET LOSS C$4.1 BLN

 

HUSKY ENERGY 3Q 2015 RESULTS

 

While Husky Energy (TSX: HSE) continues to make progress implementing cost reductions and efficiencies across its operations, it is taking further action to fortify its business in an extended low oil price environment.

"It is evident that the global oil dynamic has experienced a fundamental shift, driven by the resilience in supply," said CEO Asim Ghosh. "Back in 2010, we made the decision to stay diversified, integrated and begin a transition into a low sustaining capital business. In a lower for longer world, our low sustaining capital projects…

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Tags: HUSKY, ENERGY
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