Husky returns to the TSE after 13 years as private oil firm

Article Abstract:

Husky Energy Inc. (Calgary) has made its debut on the Toronto Stock Exchange (TSE) after 13 years. Husky Oil Ltd. has taken over Renaissance Energy Ltd. The stock is expected to begin trading between $12 and $13. All Renaissance shareholders were offered to be paid in cash or would get shares of Husky Energy. The new Husky Energy is expected to rank second in production, third in reserves, and fifth in market capitalization among Canada's five integrated oil and gas companies. Husky Oil will manage the new company. John Lau, an accountant by training, will be the president and CEO of the new company.

Oil Products, Petroleum Refineries, Securities issued, listed, Petroleum refining, Petroleum products, Husky Energy Ltd.

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Husky talks put on hold, CEO says

Article Abstract:

John Lau, president and chief executive officer of Husky Energy Inc. has denied rumors of a company takeover. Market uncertainty following the September 11th terrorist attacks may have affected this energy company's value.

Crude Petroleum & Natural Gas, Management, Natural gas, Gas industry, Lau, John

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Husky considers expansion

Article Abstract:

Husky Energy Inc. is studying a possible expansion of its heavy oil upgrader in Lloydminster, Saskatchewan. However, such a project would see a two-fold rise in costs.

Crude Petroleum, Planning, Buildings and facilities, Saskatchewan

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