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

Spin-off and IPO Asian Operations ! Great Idea Catscratch

[RagingBull3]

"In total, the Liwan Gas Project is expected to deliver around $950 million in funds from operations in 2021, Husky working interest. The Liuhua 29-1 field alone is expected to generate $1.3 billion in funds from operations for Husky over the next decade."

Other Asian Irons in the fire:  Pearl River Mouth Basin, and Indonesia.    

"Husky Energy North America INC" 
"Husky Energy Global INC" 

Sounds Great to me.

[Catscratch]

The spin-out/restructuring and subsequent capital allocation opportunities at Husky are deep and sizable (that's no secret).  Monetizing the retail busienss is another significant potential deal.    Selling or spinning off a non-core asset(s) in combination with a substantial issuer bid could eventually lead to a hutchison whampoa privatization.... the ball is in their court