August 26, 2009 / 9:58 PM / 9 years ago

UPDATE 1-Husky says work wraps up at White Rose field

CALGARY, Alberta, Aug 26 (Reuters) - Husky Energy Inc (HSE.TO) confirmed on Wednesday it has completed scheduled maintenance at its White Rose oil project off the coast of Newfoundland and said work to tie in a new oil field at the site to bolster declining output is also proceeding.

The company said White Rose is currently producing 31,500 barrels of oil per day, with output rising to 65,000 bpd once all its facilities are back in service.

The production figure is 15 percent less than the 76.600 bpd White Rose pumped in June.

Husky said in a statement the nearby North Amethyst field is expected to begin producing 37,000 bpd in early 2010.

The project, 350 km (217 miles) southeast of St. John’s, Newfoundland and Labrador, is 72.5 percent owned by Husky, with the remaining stake held by Suncor Energy Inc (SU.TO).

Husky shares fell 5 Canadian cents to C$30.66 on the Toronto Stock Exchange on Wednesday.

$1=$1.10 Canadian Reporting by Scott Haggett; editing by Rob Wilson

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