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

Energy


TSX:HSE.PR.B - Post by User

Husky Energy Inc. cumulative redeemable preferred > WTF?
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Comment by mrbbon Jan 21, 2018 1:36am
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Post# 27402757

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WTF?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WTF?

autofocus111 wrote: You are absolutely correct. HSE failed to follow their own safety protocol, and now they will likely have to pay a fat fine and will surely face increased scrutiny in their operations going forward.


although i don't know all the detail exactly, i think it's odd the regulator impose a production shut down order some 10 months later of the suppose infraction which caused no injuries, no environmental nor facilities damage. A monetary fine is more appropriate IMO. 

 

"The C-NLOPB said SeaRose operations will remain suspended until it is confident Husky has addressed the findings in the investigation."

 

Maybe the regulator had chosen to suspend the operation than a imposing fine.  Just a guess.  

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