Husky Energy Reports 2007 Third Quarter Results

Husky Energy Inc. reported net earnings of $769 million or $0.91 per share (diluted) in the third quarter of 2007, an increase of 13% compared with $682 million or $0.80 per share (diluted) in the same quarter of 2006. Cash flow from operations in the third quarter was $1.4 billion or $1.67 per share (diluted), a 16% increase compared with $1.2 billion or $1.44 per share (diluted) in the same quarter of 2006. Sales and operating revenues, net of royalties, were $4.4 billion in the third quarter of 2007, up 27% compared with $3.4 billion in the third quarter of 2006.