Husky Energy boosts 2018 capex, sees flat yearly production

Canadian oil and gas producer Husky Energy Inc forecast higher spending for 2018 on Monday and flat production levels from 2017.

The company said it expects to spend C$2.9 billion to C$3.1 billion, compared with its 2017 forecast of C$2.2 billion to C$2.3 billion.

Husky estimates 2018 production of 320,000 to 335,000 barrels of oil equivalent per day for next year.

(Reporting by John Benny in Bengaluru; Editing by Bernard Orr)