03:36:28 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Husky Energy Inc
Symbol HSE
Shares Issued 1,005,121,098
Close 2018-07-05 C$ 20.02
Market Cap C$ 20,122,524,382
Recent Sedar Documents

FP/CP say Husky Energy waiting to restart refinery

2018-07-05 08:51 ET - In the News

The Financial Post reports in its Thursday, July 5, edition that more than two months after fire and explosions ripped through its recently purchased asphalt refinery in Superior, Wis., Husky Energy says it still does not know when it will be able to restart the facility. A Canadian Press dispatch to the Post reports that spokesman Mel Duvall says investigations are continuing into the cause of the April 26 incident in which 11 people were injured and nearby homes evacuated. He says Husky will not be able to fully assess damage and map out a recovery plan until the United States Chemical Safety Board completes its determination of cause. Husky bought the refinery from Calumet Specialty Products Partners of Indiana for about $570-million in a deal that closed in November. Cleanup efforts have progressed to the point that the off-site incident command centre has been moved onto refinery property. As of last Friday, Husky says it has received 3,300 claims from local businesses and residents which incurred expenses or suffered losses during the incident, of which about 2,700 have been resolved. Husky says it has made other arrangements to continue supplying customers.

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