Husky Energy announced that Mr. John C.S. Lau has advised the Board of Directors of his intention to retire as President & CEO of the Company. The Board will make an announcement regarding the appointment of a successor in due course prior to Mr. Lau's retirement taking effect.
Following his retirement, Mr. Lau will relocate to Hong Kong, where he will assume responsibility for leading the development of the Company's businesses in the Asia-Pacific Region, including existing businesses in Indonesia and the South China Sea.
Husky has made significant progress in its objective to create a material oil and natural gas business in the region. It is leading the development of a deepwater natural gas discovery in Block 29/26 of the South China Sea, one of the largest discovered gas fields offshore China. In Indonesia, Husky has an approved Plan of Development to produce natural gas from the BD gas field in the Madura Strait.
Comments (2)
16:24 Mar 02, 06:0
Welcome to the beginning of the end of the world! And we don't even need God's help in drsoetying it. Alanna Mitchell, author of Dancing at the Dead Sea, states, in the mythical Galapagos Islands I explored the floor of the ocean itself and began to piece together the critical part the oceans play in this complex mosaic of life on earth .What we are witnessing here, now, on our planet, is a profound change in our surroundings, caused by what humans are doing. So species are changing. In most cases, the way they are doing that is to die out across most of their habitat because things are altering far, far faster than the leisurely pace historical evolution has prepared them for .Extinction is normal. this rate of extinction is not. It has happened just five times before in the planet's 4.6 billion years. She cites Richard Leakey (The Sixth Extinction: Patterns of Life and the Future of Humankind), who refers to humans as the greatest catastrophic agent the world has ever seen, a highly intelligent, highly lethal species set to destroy billions of years of evolutionary advances. What we don't realize, Allana explains, is that water is as much, if not more, an essential source of life on this planet. It is not only the original source of all life on earth, it also shapes the climate, weather, temperature, chemistry of the planet and therefore the home of terrestrial species. Like us. In fact, 95 percent of the earths's biosphere is in the ocean. This chemistry is changing rapidly for the worst, so much so that we may not be able to live on this planet for much longer if we continue the way we are going. Just when we environmentalists think we have made some headway on addressing global warming, like the Kyoto Accord, something llike this happens! Indeed, what have we, the victims of capitalism and greed, done to deserve this? Maybe we need to look at what we haven't done. Maybe we can use this environmental disaster as a teaching moment and collectively take action in the form of petitions, rallies, pressure on the United Nations to protect the planet and the people on it. One great opportunity is the G8 and G20 Summit in June, during which time the citizens of Toronto will be holding their own People's Summit (for more information google the people's summit or recession relief coalition). If we do nothing in the face of evil, it grows. If death is imminent, we have nothing to lose.
13:10 Jun 09, 06:0
Great tihiknng! That really breaks the mold!
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