Husky Energy Closes Acquisition of Superior Refinery

CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Husky Energy (TSX: HSE) has closed its acquisition of the Superior Refinery, a 50,000 barrel per day refinery located in Superior, Wisconsin.

The Superior Refinery increases Husky’s downstream crude processing capacity, in line with the Company’s growing production. With the addition of the Superior Refinery, Husky’s total downstream capacity will increase to approximately 395,000 barrels per day.

Husky is retaining the existing workforce at the refinery.

The Superior Refinery produces a slate of products that includes asphalt, gasoline, diesel and heavy fuel oils. The transaction includes the acquisition of the refinery’s associated assets and logistics, including two asphalt terminals, two product terminals, a marine terminal, 3.6 million barrels of crude and product storage and a fuels and asphalt marketing business. 

Investor and Media Inquiries:                                                                                                            Rob Knowles, Manager, Investor Relations 587-747-2116                                                                   

Mel Duvall, Manager, Media & Issues403-513-7602

You May Also Be Interested In

• Ovintiv Inc. (OVV) PT Lowered to $66 at Truist Securities
• Guthrie AI Raises $4 Million Seed Round Led by Chicago Ventures to Put a Virtual Bid Assistant on Every Glazing Team
• Irvinder Singh Lail Named to Lead J.S. Held Global Capability