The Edmonton Oilers have traded forward Ales Hemsky to the Ottawa Senators in exchange for a 2015 third-round draft pick and a 2014 fifth-rounder.

Edmonton is believed to be retaining half of Hemsky's remaining 2013-14 salary to complete the deal.

In 55 games with the Oilers this season, Hemsky has scored nine goals and added 17 assists.

Hemsky has long been a subject of trade rumours that had him moving on from the Oilers, who made him the 13th overall selection in the first round of the 2001 NHL Entry Draft.

He is in the final year of a two-year, $10 million deal he signed with the Oilers prior to the 2012-13 season.

In 652 NHL games, Hemsky has scored 142 goals and 335 assists, he has also played in 30 playoff games during his career.

The Pardubice, Czech Republic native has two 20-goal seasons in his career and also produced a career high 77 points during the 2005-06 season, helping lead the Oilers into the Stanley Cup Final where they were defeated by the Carolina Hurricanes.

The Oilers also traded defenceman Nick Schultz to the Columbus Blue Jackets Wednesday for a fifth-round pick.

Former Oilers goaltender Devan Dubynk, who was traded in January to the Nashville Predators, has been moved to the Montreal Canadiens for future consideration.