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FOR: HUSKY ENERGY INC.

TSX SYMBOL:
 HSE

Media Advisory - Husky Energy Announces 2004 Fourth Quarter Results

Jan 17, 2005 - 12:00 ET

CALGARY--(CCNMatthews - Jan. 10) - Husky Energy will release its fourth 
quarter financial results after markets close on Monday, January 17, 2005. A 
conference call for analysts and investors will be held on Tuesday,      
January 18, 2005 at 4:15 p.m. (ET).

Mr. John C.S. Lau, President & Chief Executive Officer, Mr. Donald R. Ingram, 
Senior Vice President, Midstream & Refined Products, and Mr. Neil D. McGee, 
Vice President & Chief Financial Officer, will participate in the call.

Media are invited to listen to the conference call by dialing             1-
800-428-5596 beginning at 4:05 p.m. (ET). Those unable to listen to the call 
live may listen to a recording by dialing 1-800-558-5253 one hour after the 
completion of the call, approximately 6:15 p.m. (ET), then dialing 
reservation number 21215863. The Postview will be available until Thursday, 
February 17, 2005.

Husky Energy is a Canadian based, integrated energy and energy-related 
company headquartered in Calgary, Alberta. Husky Energy is publicly traded on 
the Toronto Stock Exchange under the symbol HSE.




FOR FURTHER INFORMATION PLEASE CONTACT:

Husky Energy Inc.
Colin Luciuk
Manager, Investor Relations
(403) 750-4938