Extractive Sector Transparency Measures Act - Annual Report
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Extractive Sector Transparency Measures Act - Annual Report Reporting Entity Name Husky Energy Inc. Reporting Year From 1/1/2017 To: 12/31/2017 Date submitted 5/22/2018 Original Submission Reporting Entity ESTMA Identification Number E791464 Amended Report Other Subsidiaries Included (optional field) For Consolidated Reports - Subsidiary Husky Oil Operations Limited E035441, HOI Resources Ltd. E794173, Husky Oil Limited Partnership E483488, Husky Energy International Sulphur Corporation E206499, Husky Energy International Corporation E602104, Husky Oil China Branch of HEIC Reporting Entities Included in Report: E908878, Husky Oil Sands Partnership E945280, Sunrise Oil Sands Partnership E653397 Not Substituted Attestation Through Independent Audit In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest that I engaged an independent auditor to undertake an audit of the ESTMA report for the entity(ies) and reporting year listed above. Such an audit was conducted in accordance with the Technical Reporting Specifications issued by Natural Resources Canada for independent attestation of ESTMA reports. The auditor expressed an unmodified opinion, dated 2018-05-22, on the ESTMA Report for the entity(ies) and period listed above. The independent auditor's report can be found at the conclusion of the ESTMA report.. Full Name of Director or Officer of Reporting Entity Jeff Hart Date 5/22/2018 Position Title Chief Financial Officer (Acting) Extractive Sector Transparency Measures Act - Annual Report Reporting Year From: 1/1/2017 To: 12/31/2017 Reporting Entity Name Husky Energy Inc. Currency of the Report CAD Reporting Entity ESTMA E791464 Identification Number Husky Oil Operations Limited E035441, HOI Resources Ltd. E794173, Husky Oil Limited Partnership E483488, Husky Energy International Sulphur Subsidiary Reporting Entities (if Corporation E206499, Husky Energy International Corporation E602104, Husky Oil China Branch of HEIC E908878, Husky Oil Sands Partnership E945280, necessary) Sunrise Oil Sands Partnership E653397 Payments by Payee Departments, Agency, etc… Infrastructure Total Amount paid to Country Payee Name within Payee that Received Taxes Royalties Fees Production Entitlements Bonuses Dividends Notes Improvement Payments Payee Payments Canada Government of Canada 118,080,000 93,800,000 7,260,000 219,140,000 4, 8 Canada -Saskatchewan Government of Saskatchewan 29,090,000 89,650,000 4,350,000 123,090,000 6 Canada -Alberta Government of Alberta 42,790,000 67,610,000 23,700,000 134,100,000 2 Zhanjiang Offshore Oil Tax China 85,080,000 48,990,000 134,070,000 3 Bureau Regional Municipality Of Wood Canada -Alberta 17,020,000 17,020,000 Buffalo Regional Municipality Of Eldon Canada -Saskatchewan 9,910,000 1,670,000 11,580,000 No 471 Rural Municipality of Canada -Saskatchewan 7,650,000 950,000 8,600,000 Frenchman Butte No 501 Rural Municipality of Britannia Canada -Saskatchewan 4,140,000 2,010,000 6,150,000 No 502 Rural Municipality Of Wilton Canada -Saskatchewan 5,620,000 10,000 5,630,000 No 472 Canada -Alberta County Of Vermilion River 5,410,000 170,000 5,580,000 Canada -Alberta Municipal District Of Bonnyville 5,120,000 150,000 5,270,000 Government of The Province Canada -British Columbia 1,960,000 450,000 2,590,000 5,000,000 of British Columbia Rural Municipality of Turtle Canada -Saskatchewan 4,930,000 4,930,000 River No 469 Canada -Alberta Mackenzie County 4,320,000 4,320,000 Municipal District of Canada -Alberta 3,560,000 10,000 3,570,000 Wainwright No. 61 Canada -Alberta Yellowhead County 3,280,000 110,000 3,390,000 Municipal District Of Canada -Alberta 3,330,000 20,000 3,350,000 Opportunity #17 Canada -Alberta Clearwater County 3,110,000 3,110,000 Municipal District of Provost Canada -Alberta 2,520,000 2,520,000 #52 Canada -Alberta Flagstaff County 2,320,000 2,320,000 Manitou Lake 442, Rural Canada -Saskatchewan 2,040,000 2,040,000 Municipality of Rural Municipality of Mervin Canada -Saskatchewan 1,820,000 1,820,000 No 499 Municipal District Of Canada -Alberta 1,430,000 1,430,000 Greenview No. 16 Canada -Alberta Lloydminster, City of 1,430,000 1,430,000 Rural Municipality Of Hillsdale Canada -Saskatchewan 1,360,000 30,000 1,390,000 No 440 RURAL MUNICIPALITY OF Canada -Alberta 1,270,000 1,270,000 PAYNTON 470 Extractive Sector Transparency Measures Act - Annual Report Reporting Year From: 1/1/2017 To: 12/31/2017 Reporting Entity Name Husky Energy Inc. Currency of the Report CAD Reporting Entity ESTMA E791464 Identification Number Husky Oil Operations Limited E035441, HOI Resources Ltd. E794173, Husky Oil Limited Partnership E483488, Husky Energy International Sulphur Subsidiary Reporting Entities (if Corporation E206499, Husky Energy International Corporation E602104, Husky Oil China Branch of HEIC E908878, Husky Oil Sands Partnership E945280, necessary) Sunrise Oil Sands Partnership E653397 Payments by Payee Departments, Agency, etc… Infrastructure Total Amount paid to Country Payee Name within Payee that Received Taxes Royalties Fees Production Entitlements Bonuses Dividends Notes Improvement Payments Payee Payments Argentia Management Canada -Newfoundland and Labrador 1,180,000 1,180,000 Authority Inc SHENZHEN OFFSHORE OIL China 110,000 20,000 130,000 3 TAX BUREAU Wheatland County, Municipal Canada -Alberta 1,120,000 1,120,000 District Of Northern Rockies Regional Canada -Alberta 1,020,000 1,020,000 Municipality Government of the Northwest Canada -Northwest Territories 1,010,000 1,010,000 Territories Canada -Alberta County of Two Hills 700,000 700,000 Canada -Alberta City of Calgary, The 600,000 600,000 Canada -Alberta Westlock County 580,000 580,000 Canada -Alberta Kneehill County 440,000 440,000 Canada -Alberta County of Athabasca No.12 410,000 20,000 430,000 Canada -Alberta Starland County 430,000 430,000 Canada -Alberta Lac La Biche County 410,000 410,000 Canada -Alberta Red Deer County 380,000 380,000 Municipal District of Lesser Canada -Alberta 340,000 340,000 Slave River #124 Canada -Alberta County of St Paul #19 240,000 240,000 Corporation of Saddle Hills Canada -Alberta 200,000 200,000 County Canada -Newfoundland and Labrador Placentia, Town Of 200,000 200,000 TECHNICAL SAFETY Canada -Saskatchewan AUTHORITY OF 190,000 190,000 Saskatchewan Rural Municipality Of Lac Canada -Saskatchewan 190,000 190,000 Pelletier Canada -Saskatchewan Meota, Rural Municipality of 160,000 160,000 Kananaskis Improvement Canada -Alberta 130,000 130,000 District Municipal District Of Bighorn # Canada -Alberta 120,000 120,000 8 Canada -British Columbia BC Oil & Gas Commission 110,000 110,000 7 Canada -Alberta Lamont County 110,000 110,000 Canada -Alberta Vulcan County 100,000 100,000 China CNOOC (BVI) LIMITED 420,000 430,000 850,000 3 Alexis Nakota Sioux First Canada -Alberta 130,000 130,000 Nation Indonesia Kas Negara 140,000 140,000 Extractive Sector Transparency Measures Act - Annual Report Reporting Year From: 1/1/2017 To: 12/31/2017 Reporting Entity Name Husky Energy Inc. Currency of the Report CAD Reporting Entity ESTMA E791464 Identification Number Husky Oil Operations Limited E035441, HOI Resources Ltd. E794173, Husky Oil Limited Partnership E483488, Husky Energy International Sulphur Subsidiary Reporting Entities (if Corporation E206499, Husky Energy International Corporation E602104, Husky Oil China Branch of HEIC E908878, Husky Oil Sands Partnership E945280, necessary) Sunrise Oil Sands Partnership E653397 Payments by Payee Departments, Agency, etc… Infrastructure Total Amount paid to Country Payee Name within Payee that Received Taxes Royalties Fees Production Entitlements Bonuses Dividends Notes Improvement Payments Payee Payments Canada -Alberta Mikisew Cree First Nation 120,000 120,000 377,900,000 300,500,000 44,800,000 - 680,000 - - 723,880,000 (1) All reported payments have been rounded to the nearest CDN $10,000. (2) Includes royalties taken in kind, converted to the cash basis using the same methodology as Husky Energy Inc.'s 2017 consolidated financial statements. (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of the payment. The average exchange rates for the reporting period were: • $1 CAD: $1.2984 USD • $1 CAD: $0.000097 IDR • $1 CAD: $0.1921 CNY (4) Payments made to the Government of Canada include the following government bodies: (a) Natural Resource Canada; (b) Receiver General for Canada; (c) Innovation, Science and Economic Development Canada; and (d) National Research Council Canada. Additional Notes: (5) Payments made to the Government of Alberta include the following government bodies: (a) Government of Alberta; (b) Alberta Energy Regulator; and (c) Alberta Petroleum Marketing Commission. (6) Payments made to the Government of Saskatchewan include the following government bodies: (a) Saskatchewan Ministry of the Economy; (b) Government of Saskatchewan Revenue Division; and (c) Ministry of Agriculture Lands Branch (7) Payments made to the Province of British Columbia include the following government bodies: (a) Province of British Columbia; (b) Mineral, Oil and Gas Revenue Branch; (c) Ministry of Finance and Corporate Relations; (d) Minister of Finance; (e) BC Transportation Financing Authority; (f) Surveyor of Taxes; and (g) Ministry of Energy and Mines. (8) Payments made related to the White Rose and Terra Nova Fields are paid to the Government of Canada. Extractive Sector Transparency Measures Act - Annual Report Reporting