Husky Energy’s disclosure in its June 5, 2013 press release of 20 million barrels of oil from the South White Rose extension is of estimated reserves comprised of 16.8 million barrels of probable reserves and 3.1 million barrels of possible reserves as of December 31, 2012.
The development plan amendment for the South White Rose field discussed in the June 5, 2013 press release will allow Husky Energy to access 4 million barrels of probable reserves and 2.5 million barrels of possible reserves (Husky W.I.) from the South Avalon Terrace.
Husky Energy is one of Canada’s largest integrated energy companies. It is headquartered in Calgary, Alberta, Canada and is publicly traded on the Toronto Stock Exchange under the symbol HSE and HSE.PR.A.
Press Release, October 14, 2013