Our Strategy
Laricina’s objective is to actively develop and manage a diverse portfolio of oil sands assets in Western Canada.
We are targeting oil sands opportunities outside of the Athabasca mining area and are focusing on in situ plays that meet the requirements of scale, quality and proximity to infrastructure.
Laricina targets deposits in areas and formations that are less developed and not as mature as current producing in situ projects. We believe the strength of our experienced technical team will enable Laricina to advance innovative development techniques and capitalize on the huge untapped potential of in situ reserves.
Laricina’s strategy includes:
- develop exploration projects internally
- understand the reservoir
- partner to use our technical expertise to evaluate and develop assets
- extend reservoir knowledge and technological enhancements to less understood or less mature assets
- firmly establish reservoir delineation of project areas
- confirm commercially viable oil sands projects
- develop pilot projects
- establish commercial operations
