Husky assessing West White Rose development options

7/28/2015

CALGARY, Alberta -- Husky Energy continues to assess potential development options for the West White Rose extension in the Jeanne d'Arc basin, the company said Monday.

One of two concepts being assessed, a fixed wellhead platform, has received regulatory approval from the Canada-Newfoundland and Labrador Offshore Petroleum Board. A subsea option to develop the field extension is also being evaluated.

The West White Rose extension is a key project in the company's long-term portfolio and is expected to begin production in the 2020-plus timeframe, subject to ongoing project review and final approvals.

Husky holds a 72.5% working interest in the main White Rose field, about 300 km off the coast of Newfoundland and Labrador. It has a 68.9% interest in the satellite fields, which include North Amethyst, South White Rose and West White Rose.

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