Our strategy for growth

Laricina’s overarching corporate objective is to actively develop and manage a diverse portfolio of oil sands assets in Western Canada. We have targeted oil sands opportunities outside of the Athabasca mining area and are focusing on in situ plays that meet our requirements for scale, reservoir quality and proximity to infrastructure.

The strength of our experienced technical team has enabled Laricina to advance innovative development techniques and to begin capitalizing on the huge untapped potential of our in situ resources. As of mid 2011, Laricina had one project, Saleski, operational with another, Germain under construction and moving towards commercial development. Please click here to read about our operating strategy.

The key principles of Laricina’s corporate strategy are:

• Maintain a highly skilled technical team that can continue making and exploiting technological advancements;
• Develop exploration projects internally, and focus on understanding the reservoir;
• Extend reservoir knowledge and technological enhancements to less understood or less mature assets, including carbonate reservoirs;
• Firmly establish reservoir delineation of project areas and confirm commercially viable oil sands projects;
• Move expeditiously toward developing pilot-scale projects;
• Remain attractive in the capital markets by demonstrating technical success and maintaining financial discipline; and
• Establish commercial operations.

Where Energy
Meets Innovation

Laricina is advancing in situ technology and innovation, through its forward thinking approach and practices. Our ideas begin with people whose knowledge is based on years of in situ experience, redefining and shaping several of the processes we are implementing today.

Visit Saleski Virtual Tour

Ideas in Action

Watch our latest technological developments and innovations. View our video gallery.

Photo Gallery

See what's going on at Laricina's in situ operations and who's making it happen. View our Photo Gallery.