President's Report 2007

Husky pumps half-million into research chair

Husky chair Phillip Bording demonstrates 3-D seismic modelling software. Husky CEO John Lau announced that the company would inject an additional half-million dollars into the chair in its name.

An additional half-million-dollar commitment last April 2007 to Memorial’s Husky Energy Chair in Oil and Gas Research is helping the university continue to build an international reputation in the field of oil and gas research and testing, particularly as it relates to the offshore. The Chair in Oil and Gas Research was established in 2003 with a $2-million donation from Husky Energy, operators of the White Rose oil field and a partner in the Terra Nova field.

The donation furthers the ground-breaking work of Dr. R. Phillip Bording, who holds the Husky Energy Chair in Oil and Gas Research. Dr. Bording’s work in seismic modelling and imaging led to creation of the Landmark Graphics Visualization Centre. Data from offshore reservoirs is fed into a computer that uses 3-D seismic modeling software to create to visual images. It’s like taking an ultrasound of the earth.

“The advancement of education and research is a key objective of Husky’s community investment strategy, and we are pleased to once again partner with Memorial University as it supports the ever-changing needs of offshore exploration and production,” said Dr. Lau, president and chief executive officer of Husky Energy during a press conference he attended with President Axel Meisen.

Husky chair Phillip Bording demonstrates 3-D seismic modelling software. Husky CEO John Lau announced that the company would inject an additional half-million dollars into the chair in its name.

“The Husky Energy Chair in Oil and Gas Research has been a significant resource for the province of Newfoundland and Labrador’s global oil and gas industry,” said Dr. Meisen.” It has also helped Memorial become an international centre relating to oil and gas research and teaching.”

The visualization centre is a valuable resource for Memorial, and has far-reaching implications not just for the oil and gas industry. With its capacity to present visual images of molecules and the human body, potential uses in medicine and chemistry, for example, are tremendous.

Prior to accepting his appointment as Husky Energy chair, Dr. Bording was manager of computational science at the Computer Sciences Corporation in Huntsville, Ala. Husky Energy is a Canadian-based, integrated energy and energy-related company headquartered in Calgary.