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New Husky Energy plant starts production in Saskatchewan$ J; C9 o! H- [3 J$ U/ F
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Has capacity to produce 10,000 barrels of oil per day
. h3 y, n! ~2 }CBC News Posted: Apr 18, 2016 10:11 AM CT Last Updated: Apr 18, 2016 10:11 AM CT
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& U: a1 e# G* j( L1 _. ^The new Husky Energy heavy oil thermal project at Edam East, located approximately 100 kilometres east of Lloydminster, started production Monday in Saskatchewan.& J6 ?4 {3 |: ^, O3 D" D
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New Husky Energy plants will create 90 permanent, 500 construction jobs
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6 Y; }; V6 e9 R7 S- K, ["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.) S, d9 c4 | C% J
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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."' d( |/ b+ \& a! B9 [8 J1 G/ _
4 H A# N) L- r5 c3 kAccording 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.+ C% c% G* h4 f7 S4 O3 m: c7 ?: d3 u
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This is the first of three thermal projects Husky will bring online this year in the province. |
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