Husky cuts 2019 capex by $300 million

Canadian oil and gas producer Husky Energy Inc today said it cut its 2019 capital expenditure program by $300 million to $3.4 billion, citing mandatory curbs on output in Alberta and lower oil prices.

Husky said it expects average annual 2019 production to be about 300,000 barrels of oil equivalent per day (boe/day).

(Reuters)