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Husky announces approval of 10 MBOPD modular Rush Lake 2 project
Husky Energy (ticker: HSE) announced today that the company sanctioned the Rush Lake 2 project, a 10,000 barrel per day (MBOPD) modular heavy oil thermal project, and the next phase in the company’s plans to produce 80 MBOPD from such projects by the end of 2016. Rush Lake 2 will be located in Saskatchewan, and will come online in late 2018, according to the company.

Alberta-based Husky has increasingly been focused on increasing production from low capital-cost projects like ...

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