Laricina Energy Ltd, Calgary, AB

Since its founding in late 2005, privately-held Laricina has advanced two grassroots oil sands exploration plays through the technical evaluation steps to the cusp of commercial-scale development. Our Company is focused on creating value through developing a diverse portfolio of oil sands assets that lever technology, in-house expertise and the opportunities offered by pursuing less known, less mature projects. Laricina has demonstrated commercial viability at its two core projects at Saleski and Germain with an additional three development areas progressed to early-stage exploration and technical evaluation, plus additional exploration lands. Laricina is focused exclusively on the development of in situ (underground) bitumen deposits in sand and carbonate formations.