Strategy and Portfolio Development Balanced Growth Strategy Delivering Transforming the Foundation Focused Integration Achieving World Market Prices Delivering Major Projects Top Quartile Dividend Reliable and Repeatable…
2010 Growth Portfolio Near-Term Mid-Term Long-Term North Amethyst Pikes Peak South Liwan 3-1 Madura Strait BD Sunrise Energy Project 3
2014 Growth Portfolio Near-Term (2014-2016) Mid-Term (2017-2019) Long-Term (2020+) Sandall thermal Pikes Peak North thermal Lloyd 3 thermal Rush Lake thermal Rush Lake 2 thermal Heavy Oil Cold EOR Edam West thermal Lloyd 1 thermal…
Reserve Adds Outpacing Production Production 450 400 Stabilized production after 350 three years of significant Boes/d 300 decline 250 Major projects in development 200 now entering production in 2008 2009 2010 2011 2012…
Creating Shareholder Value TSR 2010 - 2013 TSR 2013 60% 30% 40% 20% 20% 0% 10% -20% 0% -40% -60% -10% Husky Canadian Peers *As of Dec. 31, 2013. Peers include : Canadian Natural Resources, Cenovus, EnCana, Imperial Oil,…
On Pace With Targets 2010 Actual 2013 Actual 5 year targets (1) Q1 2014 Production (mboe/d) 287 312 5 8% CAGR(4) 326 Cash Flow from Operations(4) 3.1 billion 5.2 billion 6 8% CAGR(4) 1.5 billion 140% Reserve Replacement…
Heavy Oil Thermal Improving Netbacks Thermal Production Thermal Project First Oil Production Status 80 Date Rate 60 Pikes Peak 1984 4,100 Sanctioned Thermal Mboe/d 40 Developments Bolney Celtic 1996 19,000 Existing Thermal 20…
Western Canada Transforming the Foundation Resource Play Annual Production Targeting 50,000 boe/d resource 60 play production by 2017 50 Biggest gains at Ansell, solid progress on oil resource plays 40 On course to achieve…
Downstream Achieving World Market Prices Downstream Assets Capacity (mbbls/day) Lima 160 Realized Pricing on Upstream Production Processed (December 31, 2013) Toledo (Huskys 50% W.I.) 65 160.00 Upgrader 82 140.00 Brent Pricing…
Liwan Gas Project Up and Running Liwan Project 7 years from discovery to first gas 400 500 mmcf/d gross production by 2017 Significant cash flow growth Liwan Gas Terminal 13
Asia Pacific Production Liwan 3-1 producing Liuhua 29-1 expected in 2016/17 Madura Strait BD, MDA and MBH fields expected in 2016/17 Liwan Gas Terminal 14
Sunrise Energy Project Construction Site May 2011 15
Sunrise Energy Project Today April 2014 16
Atlantic Region Big Fields Get Bigger Northern Drill Centre North West White Gas Injection Rose Near-field Prospect SeaRose H-70 West White Rose Extension Project Discovery SeaRose FPSO Central Drill Centre Sea Rose…
Atlantic Region Pioneering a New Basin Flemish Pass discoveries mark a significant new development Mizzen opportunity Harpoon Considerable upside with very Bay du Nord attractive targets still to be drilled in both the Flemish…
Balanced Growth Strategy Balanced Growth Strategy Delivering Transforming the Foundation Focused Integration Achieving World Market Prices Delivering Major Projects Top Quartile Dividend Reliable and Repeatable Performance…
Advisories Non-GAAP Measures This document contains certain terms which do not have any standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other issuers. None of these…