Husky Energy Celebrates its Inaugural Oil Sands Project

Mr. John C.S. Lau, President & Chief Executive Officer, Husky Energy Inc. announced today the official opening of Husky’s Tucker Oil Sands Project in a ribbon cutting ceremony at the facility site near Cold Lake, Alberta. The event was attended by the Honourable Ralph Klein, Premier of Alberta, the Honourable Greg Melchin, Minister of Energy and other distinguished guests.

The Tucker Oil Sands Project is the first in Husky’s portfolio of oil sands assets. The project, located 30 kilometres northwest of Cold Lake, Alberta, was completed on time and below its $500 million budget. Construction on the project began in the fall of 2004 and at its peak employed about 700 workers on site. The facility will employ approximately 40 full time workers.