Scandinavian Oil-Gas Magazine

Husky Energy is taking additional steps to improve its resilience through the extended low commodity price environment.

'We continue to take decisive action in this period of persistent supply-demand imbalance,' said CEO Asim Ghosh. 'These actions are in line with the principles we have established, namely, balancing capital spending with cash flow and maintaining a strong balance sheet. Our fundamental goal remains unchanged - the steps we are taking will see Husky emerge from this cycle as a more resilient and more profitable company.'

Tags: Husky Energy Inc.