Oil, Gas, Pipelines
Husky Oil
1 picture · 1977
- Founded
- 1947 in Canada as Husky Oil and Refining Ltd. (roots 1938, Husky Refining Co., Cody, Wyoming); renamed Husky Oil Ltd. 1953
- Head office then
- 815 Sixth Street S.W., Calgary, Alberta
Husky Oil was a Calgary producer and refiner built around Lloydminster heavy oil. A Wyoming refinery was moved to Lloydminster, Alberta, in 1946. By 1977 it had Canadian refineries there and at Prince George, B.C., and a production office on the Saskatchewan side of Lloydminster.
It built the main commercial heavy-oil system on the Alberta-Saskatchewan border, later including the Lloydminster upgrader.
Why it mattered
Husky built the main commercial heavy-oil refining and production system on the Alberta–Saskatchewan border at Lloydminster and a western Canadian retail/refining network. That corridor later included the Lloydminster upgrader.
Now
The company became public Husky Energy in 2000. Cenovus bought Husky Energy on 1 January 2021. The combined firm operates as Cenovus.
Still open
- Published headlines for the 2000 Renaissance deal differ ($2.58 billion in the Globe and Mail; other contemporaneous accounts used about US$3.02 billion); the completion date 25 August 2000 is firm.
- Exact 1953 Canadian incorporation/rename documents were not retrieved; 1947 Canadian incorporation and 1953 Husky Oil Ltd. name are from International Directory of Company Histories (encyclopedia.com / FundingUniverse).
Sources
The pictures
- Husky Oil 1977 — annual reportarchive.org/details/Husk1468_1977
References
- Husky Energy Inc. (International Directory of Company Histories) via Encyclopedia.com1938 Wyoming; 1947 Canadian company; 1953 Husky Oil Ltd.; 1976 Union Oil / Prince George; Li Ka-shing; 2000 Renaissance / Husky Energy
- CK Hutchison press release, 25 August 2000Arrangement with Renaissance and Husky Oil Limited completed; Husky Energy to trade 28 August 2000
- The Globe and Mail: Husky buying Renaissance, 20 June 2000Husky Oil Ltd. to become Husky Energy Inc.
- Husky Energy Inc. 2003 Annual Information Form (SEC)25 August 2000 plan of arrangement: Husky Oil, HOOL and Renaissance continued; Husky Energy parent
- Cenovus Energy Inc. Business Acquisition Report (SEDAR/SEC), 2021Acquisition of Husky Energy completed 1 January 2021