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Husky Oil Limited is a Canadian-based privately held integrated energy and energy-related company headquartered in Calgary, Alberta. As an integrated company, Husky Oil engages in the upstream, midstream and downstream sectors of the oil and gas business. Upstream - includes exploration for, development and production of crude oil, natural gas, natural gas liquids and sulphur. The Company's upstream operations are located primarily in Canada, with some interests outside of Canada. Midstream - includes upgrading of heavy crude oil feedstock into synthetic crude oil; marketing of the Company's and other producers crude oil, natural gas, natural gas liquids, sulphur and petroleum coke; and pipeline transportation and processing of heavy crude oil, storage of crude oil, diluent and natural gas and cogeneration of electrical and thermal energy.
Downstream - includes refining of crude oil and marketing of refined petroleum products including gasoline, alternative fuels and asphalt.
With assets of about $5 billion and approximately 1,700 employees, Husky Oil ranks among Canada's top producers of crude oil, natural gas and recovered sulphur. As of 1999 year end, Husky Oil had net-proven reserves of approximately 218 million barrels of crude oil and natural gas liquids; 882 billion cubic feet of natural gas, and 5 million long tons of sulphur.
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