Husky Energy Inc. (Husky) is a integrated international energy and energy related company. The Company’s business is conducted in three business sectors: upstream, midstream and downstream. Upstream includes exploration for, development and production of crude oil, natural gas and natural gas liquids. Its upstream operations and key prospects are located in Western Canada, offshore Eastern Canada, offshore China, Indonesia and Greenland (Upstream business segment). Midstream includes upgrading of heavy crude oil feedstock into synthetic crude oil (upgrading); marketing of the Company’s and other producers’ crude oil, natural gas, natural gas liquids, sulphur and petroleum coke; pipeline transportation, processing of heavy crude oil, storage of crude oil, diluent and natural gas, and cogeneration of electrical and thermal energy (infrastructure and marketing). Downstream includes refining of light and heavy crude oil, production of ethanol, and marketing of refined petroleum products.