Husky Energy Inc.707-8th Avenue SW
Box 6525, Station "D"
CA, T2P 3G7
- Phone: 403-298-6111
- Fax: 403-298-7464
- Website: www.huskyenergy.com
Operations remain suspended at the SeaRose floating production, storage and offloading (FPSO) vessel with all production wells secure after a period of extreme weather late last week.
Husky Energy Inc. has announced a proposal to acquire all of the outstanding shares of MEG Energy Corp. for implied total equity consideration of approximately $3.3 billion. This proposal values MEG at an implied total enterprise value of $6.4 billion, including the assumption of approximately $3.1 billion of net debt.
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has lifted the notice to suspend operations for the SeaRose floating production, storage and offloading (FPSO) vessel and associated facilities.
Husky Energy has entered into definitive agreements to acquire the Superior Refinery, a 50,000 barrel per day permitted capacity facility located in Superior, Wisconsin from Calumet Specialty Products Partners, L.P. for $435 million US in cash. The deal is subject to customary closing adjustments.