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 established five project development areas.
Laricina is focused exclusively on the development of in situ (underground) bitumen deposits in sand and carbonate formations. Laricina offers strength in the oil sands with its experienced geological, research, engineering and operating teams who have direct experience from a combined 49 commercial oil sands projects already operating or under construction. This is an uncommon base of technical expertise not readily available among junior oil sands operators.