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Husky Energy 2016 capital budget assumes benchmark crude at US$40 a barrel

2015-12-08 15:32:53| Energy - Topix.net

Husky Energy is assuming oil will be worth US$40 a barrel next year and that future investments will be able to break even with West Texas Intermediate crude at US$30 per barrel - which is below the latest price. The Calgary-based company is projecting a 2016 capital budget between $2.9 billion and $3.1 billion - about in line with this year - including sustaining and maintenance costs in the range of $2.4 billion and $2.6 billion.

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Category:Energy and Environment

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