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Company News

Husky Energy boosts 2018 capex, sees flat yearly production

Dec 4 (Reuters) - Canadian oil and gas producer Husky Energy Inc forecast higher spending for 2018 on Monday and flat production levels from 2017.

The company said it expects to spend C$2.9 billion to C$3.1 billion, compared with its 2017 forecast of C$2.2 billion to C$2.3 billion.

Husky estimates 2018 production of 320,000 to 335,000 barrels of oil equivalent per day for next year.

$1 = 1.2672 Canadian dollars Reporting by John Benny in Bengaluru; Editing by Bernard Orr

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