Generate PDF   Print this page

Press Releases

Laricina is committed to providing timely and accurate information about its business strategy and objectives, financial and operating results, development plans and technical advancements, as well as general oil sands industry information.

Aug 27, 2010
Laricina Energy Ltd. (Laricina or the Company) is pleased to announce that it has completed today a private placement to a wholly-owned subsidiary of Korea Investment Corporation (KIC) of 1,666,000 common shares at Cdn. $30.00 per common share for gross proceeds of...
Aug 6, 2010
Laricina announces that a special meeting of the holders of common shares of Laricina will be held at the offices of Osler, Hoskin & Harcourt LP, Suite 2500, 450 1 St. SW, Calgary, AB. on Thursday, September 9, 2010 at 10:00 a.m.
Jul 6, 2010
Laricina Energy Ltd. (Laricina or the Company) is pleased to announce that it has completed a private placement to Canada Pension Plan Investment Board (CPPIB) of 8,333,333 common shares at Cdn. $30.00 per common share for gross proceeds of Cdn. $250 million.
Jun 30, 2010
A new in situ oil sands extraction process – the ESEIEH (Enhanced Solvent Extraction Incorporating Electromagnetic Heating) project – has been accepted for funding in the amount of $16.5 million by the Climate Change and Emissions Management Corporation (CCEMC).
Jun 28, 2010
The Schulich School of Engineering at the University of Calgary have selected their 2009 recipients of the Laricina Energy Scholarships in Mechanical, Chemical or Oil and Gas Engineering. Four outstanding undergraduate students...
Jun 15, 2010

Laricina highlights its core development projects, Germain and Saleski, at the annual conference of the European Association of Geoscientists and Engineers (EAGE) held June 14 to 17, 2010 in Barcelona, Spain.

Jun 11, 2010

Laricina Energy Ltd. wishes to congratulate board member Mr. S. Barry Jackson who was inaugurated at the 2010 ICD Fellowship Awards Gala held in Calgary on June 2, 2010 with the Institute of Corporate Directors Fellow designation.

Jun 10, 2010

Laricina President and CEO Glen Schmidt will present at the CAPP Oil and Gas Investment Symposium on June 15 in Calgary. 

Jun 4, 2010

Laricina President and CEO Glen Schmidt gave the keynote address at the SHARP Consortium Workshop held at the University of Calgary on June 4, 2010.

May 18, 2010

Laricina hosted its Annual General Meeting of shareholders on May 18, 2010 at the Metropolitan Conference Centre in Calgary. Click here to view the presentation made to shareholders by Glen Schmidt, Laricina President & CEO.

May 12, 2010
Kent Barrett, Laricina’s Senior Carbonate Geologist, presented at the Canadian Society of Petroleum Geologists (CSPG) annual convention held in Calgary May 10-14, 2010. The presentation, “Saleski: The First SAGD Project in the Carbonates”...
Apr 30, 2010
Laricina is pleased to announce it has received Energy Resources Conservation Board (ERCB) approval for its Saleskicarbonate pilot solvent amendment.
Apr 29, 2010

Laricina President and CEO Glen Schmidt will present at the Raymond James Heavy Oil Conference on May 3, 2010 in New York City.

Apr 14, 2010

At the CAPP Annual General Meeting on April 14, 2010 Dave Theriault, Senior Vice President In Situ and Exploration, was recognized for his ongoing dedication and commitment to the Lower Athabasca Regional Advisory Committee.

Jan 20, 2010
Laricina Energy Ltd. is pleased to acknowledge the official presentation of “The Dr. R.M. Butler Memorial Best Paper Presented at CIPC 2009 Award” to Jeff Peterson - Senior Reservoir Engineer, Darcy Riva – Team Lead, Germain, Marnie Connelly – Senior Geologist, Sandeep Solanki – Asset Manager and Neil Edmunds, Vice President Enhanced Oil Recovery, at the Society of Petroleum Engineers Calgary Section Luncheon held on January 20th, 2010.
Nov 18, 2009

Laricina files 5,000 barrel per day Commercial Demonstration Project amendment to its 1,800 barrel per day pilot project at Germain.

Oct 30, 2009

Laricina receives both ERCB and Alberta Environment regulatory approval for its 1,800 barrel per day SAGD pilot in the Grand Rapids deposit at Germain under application No. 1530968.

Sep 25, 2009

In July 2009, the original pilot project was approved by the Energy Resources Conservation Board and Alberta Environment. The amendment proposes to add solvents to steam in the SAGD process.

Jul 22, 2009

Laricina receives both Energy Resources Conservation board and Alberta Environment regulatory approval for its 1,800 barrel per day SAGD pilot in the Grosmont carbonate deposit at Saleski under application No. 1574946.

Jun 18, 2009
Laricina Energy Ltd. is pleased to announce that Kent Barrett, Laricina’s Sr. Carbonate Geologist and Dr. John Hopkins, of the University of Calgary, received the award for Best Core Presentation from the 2009 Canadian Society of Petroleum Geologists annual convention.
Jun 3, 2009
Laricina Energy Ltd. is pleased to announce that the Society of Petroleum Engineers (SPE) Canadian Section has named Jeff Peterson from Laricina Energy as Chairman for 2009-2010.
May 20, 2009

Laricina Energy was selected as one of nine innovative energy projects by the Alberta Government to receive funding under the Innovative Energy Technologies Program in support of its Saleski Grosmont Formation steam-assisted gravity drainage pilot.

Read full press release here: Province supports nine innovative energy projects

Nov 6, 2008

Laricina Energy Ltd. is pleased to acknowledge the official presentation of "The Dr. R.M. Butler Memorial Best Paper Presented at CIPC 2007 Award" to Jesse Novak - EIT, Mauro Cimolai – Technical Consultant and Neil Edmunds - Vice President Enhanced Oil Recovery, at the Petroleum Society’s Awards Luncheon held.

Sep 8, 2008

Laricina Energy Ltd. is pleased to announce that Kent Barrett, Laricina’s Sr. Carbonate Geologist and Dr. John Hopkins, of the University of Calgary, received the award for Best Core Presentation from...

Sep 5, 2008

Laricina Energy Ltd. is pleased to announce that the University of Calgary’s Schulich School of Engineering has conferred the title of Adjunct Associate Professor in the Department of Chemical and Petroleum Engineering upon Neil Edmunds, Vice President Enhanced Oil Recovery.

Oct 11, 2007

Laricina issues joint press release responding to the Report of the Alberta Royalty Review Panel and sends joint letter, together with concerned group of in situ operators, to Premier Stelmach.

Laricina Live

Learn more about Laricina’s oil sands innovations, including initiatives in the carbonate formation, use of core imaging tools, and solvent-assisted process development.

Photo Gallery

See what's going on at Laricina's SAGD operations and who's making it happen. Click to view our Photo Gallery.

Operations

Laricina's land base encompasses the Grosmont, Grand Rapids, Winterburn and McMurray formations and include five development areas – Germain, Saleski, Burnt Lakes, Poplar Creek and Conn Creek.
Learn more.

Technology & Innovation

Laricina is able to advance new and innovative in situ recovery technologies through a combination of lab-based research, advanced simulation modelling and in-field testing.
Learn more.