- About Us
- About Oil Sands
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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.
Larix laricina is the Latin name for a species of larch tree known as the tamarack, which is common to Western Canada and tends to grow in adverse climate zones such as the northern boreal forest and the high mountains. The tamarack is a pioneer tree that becomes dominant in its surroundings. Laricina is seeking to emulate the tamarack by identifying opportunities that others have ignored and achieving success where others have been unable to progress.
From inception, Laricina has: