Husky Is Targeting Efficiencies Across Portfolio in Western Canada
OREANDA-NEWS. Husky is targeting efficiencies across its expansive portfolio in Western Canada and has paced some of its projects.
The Ansell liquids-rich gas resource play remains a priority, with first quarter activity including drilling, completions and facility construction. Production volumes at Ansell in the first quarter averaged 19,300 boe/day compared to 17,000 boe/day in the first quarter of 2014.
The Company is progressing several other resource plays that offer good returns in a low price environment, with low finding and development costs. Production from the Strachan, Wapiti, Kakwa and Stolberg plays averaged about 8,000 boe/day in the first quarter.
Husky plans to advance these resource plays at a measured pace.
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