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New Husky Energy plant starts production in Saskatchewan3 T2 E- c- D" X% ]
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Has capacity to produce 10,000 barrels of oil per day
6 d' q q3 ~+ \- \CBC News Posted: Apr 18, 2016 10:11 AM CT Last Updated: Apr 18, 2016 10:11 AM CT- E% g3 i: \$ t( t) ?4 E
l5 [2 [$ v/ p2 |& r" l2 |The new Husky Energy heavy oil thermal project at Edam East, located approximately 100 kilometres east of Lloydminster, started production Monday in Saskatchewan.3 |0 R& N2 f- ~4 R. D
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New Husky Energy plants will create 90 permanent, 500 construction jobs2 y4 D3 l+ ` a3 D- @. D$ e
$ q6 e( R" H; C3 b"Our growing portfolio of heavy oil thermal projects continues to lead Husky's transition into a low sustaining capital business," said Asim Ghosh, Husky Energy CEO, in a news release." q+ f1 n' s' h, S, b. I0 D
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"Edam East is another example of the quick ramp ups that we've come to expect from these developments, which have operating costs amongst the lowest in the industry."
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According to Husky Energy, the new plant will have the capacity to produce 10,000 barrels of oil per day with operating costs for its Lloydminster thermal product line averaging about $7 per barrel, including energy.
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# \4 h- p4 r1 ~* P( |This is the first of three thermal projects Husky will bring online this year in the province. |
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