In 2009, our Oil and Gas division finalized the purchase of a five per cent working interest in the White Rose Growth Project. This project includes the North Amethyst Field, West White Rose and South White Rose Extension.

Oil production started from North Amethyst field offshore Newfoundland and Labrador on May 31. This is a major milestone for the people of the province and for our company.

North Amethyst is the first satellite field development at Husky's White Rose project and was brought on production less than four years after discovery in 2006. It is also the first subsea tieback project in Canada. Production from North Amethyst is anticipated to rise to a peak of approximately 37,000 barrels of oil per day as the remaining wells are drilled and brought on line.