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

Oil spill? What oil spill?

[autofocus111]

The slicks have vanished. Oh and HSE's spill is the biggest since Suncor's Terra Nova incident back in 2004.

https://business.financialpost.com/commodities/energy/n-l-s-largest-ever-oil-spill-is-now-impossible-to-clean-up-regulatory-board

>>>ST. JOHN’S, N.L. — It’s now impossible to clean up Newfoundland’s largest-ever oil spill that leaked into the ocean last week, according to the regulatory board that oversees the province’s offshore activities.Scott Tessier, chief executive of the Canada-Newfoundland and Labrador Offshore Petroleum Board, said no oil sheens were spotted on the water on Monday or Tuesday, meaning the oil has likely broken down to the point that it cannot be cleaned up.

In 2004, 165,000 litres of oil leaked from the Terra Nova platform, which was at the time the largest for Canada’s East Coast offshore industry — still significantly less than the SeaRose’s 250,000-litre spill.

[oilandgasmick]

No matter what these press releases say, the stated objective of the NFLD government is to double production in this area by 2030. That said, if they want to severely punish HSE and make a further example of them then other operators will take note and that will be it for the government's objective. When you produce off-shore oil in an area that has these kinds of conditions then this is not

[mrbb]

i still like hse getting meg but at price lower than 11 giving the current economic outlook

[Scottie99]

This post has been removed in accordance with Community Policy

[oilandgasmick]

Sorry to disappont you Mr. Chapman but the NFLD gov't is intent on doubling production and they are not going to alienate HSE because without Husky there are no other major operators with deep pockets in Canada who will do the offshore job. You take great delight in any setbacks that the company has because you are a stalker--nothing more--nothing less.

[Eigen337]

This post has been removed in accordance with Community Policy

[oilandgasmick]

Hi Egghead---There is no one on this thread that is as ignorant as you (with the exception of Mr. Chapman) as your "bidding starts at 15 bucks for MEG" proves. Like I said yesterday, I hope no one outside of the asylum took your posts seriously because if they did then they are already deep in the red. If HSE gets their operating licence pulled then you will see a huge exodus of scarce

[Scottie99]

This post has been removed in accordance with Community Policy

[oilandgasmick]

Oh no, not this nutcase accounting fraud stuff again?  There has never been one shred of evidence of your X-Files theories. Its like Egghead's theory of multiple bidders for MEG. Pure fantasy.

[mrbb]