Value Proposition Strong Defense . . . Strong Offence Production and throughput growth from a large inventory of low cost projects = returns-focused growth Returns- Improving earnings and cash break-evens Focused Growth…
Delivering the Five Year Plan 2017 Highlights All Annual Targets Met or Exceeded Integrated Corridor Key Metrics I-Day 2017F 2017 Status Thermal Production (mboe/day) 320 335 323 a 22% year-over-year production increase Funds from…
Improved Performance Production Free Cash Flow 400 mboe/day 1.25 B 300 1.00 0.75 200 0.50 100 0.25 0 0.00 2015 2016 2017 2015 2016 2017 Oil and Liquids Natural Gas Dispostions Refinery and Upgrader Throughputs Net…
Safety and ESG ESG Performance and Reporting Safety Performance Critical & Serious Incidents 6.0 per 200K hours worked Process and occupational safety 4.0 Air emission controls and 2.0 carbon capture 0.0 '10 '11 '12 '13 '14…
Two Businesses Generating Steady Free Cash Flow And Higher Return Production Growth Integrated Corridor Offshore Resource Plays Thermal Asia Pacific Downstream Atlantic Husky Energy Inc. April 2018 7
Physically Integrated Assets Ensures Capture of Full Value For Our Products Lloyd Upgrader Sunrise Thermal Lloyd & Tucker Thermal Asphalt Refinery Superior Refinery Hardisty & Lloyd Long-term Pipeline Storage Terminals…
Growing the Corridor Reservoir to Refined Products Integrated Corridor Upstream Production Profile 350 mboe/day Heavy Oil & Thermals 240,000 bbls/day net by 2021 300 60,000 bbls/day of thermal production in flight 250 200 Western…
Asia Pacific Strong Free Cash Flow Generator BD field began production in July 2017 Ramping up to full sales gas rates Liuhua 29-1 field sanctioned (75% Husky) First gas expected in 2020 Five-Year Production Profile 60…
Atlantic West White Rose Signals Next Era of Offshore Production Growth Atlantic Production Profile West White Rose Project sanctioned in 2017 80 mbbls/day Future Field Extension First oil targeted in 2022 Opportunities Expected…
Value Proposition Strong Defense . . . Strong Offence Production and throughput growth from a large inventory of low cost projects = returns-focused growth Returns- Improving earnings and cash break-evens Focused Growth…
Advisories The following table shows the reconciliation of net earnings to funds from operations and free cash flow, and related per share amounts, for the periods indicated: 12 months ended Dec. 31 Dec. 31 Dec. 31 ( millions) 2017…
Advisories Net debt is a non-GAAP measure that equals total debt less cash and cash equivalents. Total debt is calculated as long-term debt, long-term debt due within one year and short-term debt. Net debt is considered to be a useful…
Advisories Disclosure of Oil and Gas Information Unless otherwise indicated: (i) projected and historical production volumes provided represent the Companys working interest share before royalties; and (ii) historical production…
Investor Relations Contacts Dan Cuthbertson Director, External Communications and Investor Relations dan.cuthbertsonhuskyenergy.com Senior Manager, Investor Relations Rob Knowles rob.knowleshuskyenergy.com Senior Investor…