Husky Energy makes further cuts to 2020 capital spending

Husky Energy makes further cuts to 2020 capital spending
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21.04.2020

MOSCOW (MRC) -- Canadian oil and gas producer Husky Energy cut its 2020 capital expenditure by an additional CSD700 million (USD496.31 million), citing a hit to oil prices from the coronavirus outbreak, said Reuters.The Calgary, Alberta-based company said it now expects to spend between CSd1.6 billion and CSD1.8 billion, about half its earlier estimate of CSD3.2 billion to CSD3.4 billion

Full article at mrcplast.com

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