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Company News

Husky Energy reduces 2019 capex by C$300 million

Dec 20 (Reuters) - Canadian oil and gas producer Husky Energy Inc on Thursday said it cut its 2019 capital expenditure program by C$300 million to C$3.4 billion, citing mandatory curbs on output in Alberta and lower oil prices.

Husky said it expects average annual 2019 production to be about 300,000 barrels of oil equivalent per day (boe/day).

Reporting by Arundhati Sarkar in Bengaluru; Editing by Shinjini Ganguli

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