Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B



TSX:HSE.PR.B - Post by User

Comment by mrbbon Nov 13, 2017 6:45pm
94 Views
Post# 26955345

RE:RE:RE:RE:I think mgmt is planning something big

RE:RE:RE:RE:I think mgmt is planning something big

autofocus111 wrote: I agree HSE has lots of projects they could spend the money on. The main advantage of buying this asset is it's already producing so they'd get an immediate new source of cash flow at a time when oil prices appear to be in a rising trend. I read somwhere that this is a light oil play, while HSE does only heavy oil out west... not sure if that would be of any benefit to their refning oeprations.


weyburn asset went to Whitecap

Cenovus Energy Inc. has entered into an agreement to sell its majority interest in the Weyburn carbon-dioxide enhanced oil recovery operation in Saskatchewan for cash proceeds of $940 million.

In a separate release, Whitecap Resources Inc. announced it was the buyer.




whitecap just issued new debt financing
Whitecap Resources Inc. Subscription Receipts

 
Short Description: Treasury Offering of Subscription Receipts via Bought Deal                                                                    
Price: $8.80 CDN
Settlement: On or about December 4 2017.

 

<< Previous
Bullboard Posts
Next >>