Husky has operations and exploration prospects offshore China and Indonesia.


China

Liwan Gas Project

Located approximately 300 kilometres southeast of the Hong Kong Special Administrative Region, the Liwan Gas Project was the first deepwater gas project offshore China and delivered first production in 2014, seven years after the initial discovery.

The Liwan 3-1 and Liuhua 34-2 fields share a subsea production system, subsea pipeline transportation and onshore gas processing infrastructure. Husky has a 49 percent interest and operates the deepwater infrastructure, including the subsea wells, deepwater flowlines, control systems and manifolds, and the mono-ethylene glycol (MEG) unit on the shallow water platform.

Husky’s partner CNOOC Ltd. operates the shallow water facilities, including the platform, subsea pipeline to shore and the onshore Gaolan Gas Terminal. The terminal extracts condensates and liquids, and compresses and moves the gas to commercial markets in mainland China.

Gas production is covered by a long-term sales contract, while condensates and natural gas liquids (NGLs), such as propane and butane, are sold separately.

Pearl River Mouth Basin

Husky has a 40 percent interest in the Wenchang oil field, located in the western Pearl River Mouth Basin, about 400 kilometres southwest of the Hong Kong Special Administrative Region.

The Company has production sharing contracts in place for two exploration blocks in the Pearl River Mouth Basin, 15/33 and 16/25.

Indonesia

Husky is advancing gas projects in the Madura Strait offshore Indonesia. These include the BD and shallow water MDA-MBH fields.

The Company holds a 40 percent interest in these fields, which are expected to produce natural gas and associated liquids. The fields are being developed in partnership with operator CNOOC Limited and an affiliate of Samudra Energy Ltd., an Indonesian company.

Five natural gas discoveries in the Madura Strait are being evaluated for commercial development.