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Privacy Policy

Personal Information

Laricina Energy Ltd. (“ Laricina”) is committed to protecting the privacy of the personal information collected, used and disclosed in the conduct of its business and accordingly has established this privacy policy (this “Policy”) in that regard.

Personal information means information about an identifiable individual, except business title and business contact information when used or disclosed for business communications, and includes information about prospective, present or former employees and external parties such as landowners and other individuals.

Enforcement

This Policy and its related practices apply to all staff members when they are engaged in Laricina business. Staff members providing services through a third party are required to act in accordance with applicable legislation and its related practices with respect to their use of Laricina assets. Contractors and consultants are expected to develop and enforce policies and practices that are consistent with this policy and its associated requirements to apply to their staff providing services for or on behalf of Laricina.

It is Laricina’s policy to comply with the privacy legislation within each jurisdiction in which it operates. Sometimes the privacy legislation and /or an individual’s right to privacy are different from one jurisdiction to another. This Policy covers only those activities that are subject to the provisions of Canada’s federal and provincial privacy laws, as applicable.

Consent

Laricina will endeavour to obtain express, deemed or implied consent of individuals, except where otherwise permitted by law, to collect, use and disclose personal information for reasonable business purposes. To the extent that your consent is required, Laricina will assume, unless you advise otherwise, that you have consented to Laricina collecting, using and disclosing your personal information for the purposes stated in this policy (including any other purposes stated or reasonably implied at the time such personal information was provided to Laricina).

Disciplinary action will be taken for violations of this Policy and its related practices.

Internal Stakeholder Information

In general, personal information about prospective, present or former employees is collected, used and disclosed for the purpose of establishing, managing or terminating an individual’s employment relationship with Laricina, and includes, but is not limited to:

  • Ensuring the safety and security of staff and corporate assets, including Laricina Confidential, Corporate and other business information;
  • Determining eligibility for initial employment, including the verification of references and qualifications;
  • Administering pay and benefits;
  • Facilitating professional development and performance;
  • Complying with applicable employment or legal requirements;
  • Communicating with staff; and
  • Other reasonable purposes as required to manage the employment relationship.

External Stakeholder Information

In general, the personal information about external parties is collected, used and disclosed for the purposes of:

  • Providing information about Laricina and its operation to external parties;
  • Managing and administering contracts with external parties;
  • Managing Laricina’s relationship with and providing for the safety of external parties;
  • Meeting any legal or regulatory requirement or obligation;
  • Facilitating participation in Laricina events; and
  • Other reasonable purposes consistent with Laricina’s business objectives.

For example, Laricina may collect personal information about individuals including landowners, leaseholders, residents and royalty holders for purposes such as:

  • Administration – to execute agreements, facilitate payments and file land registry requirements;
  • Safety – Emergency Response Plans;
  • Legal compliance – as required by law or regulation (for example EUB, environmental and Government regulations);
  • Development – to manage and foster relationships necessary to conduct business; and
  • External stakeholder considerations that are reasonably necessary and / or required.

Protection of Information

Laricina will endeavour to ensure that personal information is protected by reasonable security safeguards that are appropriate to the sensitivity level of the information and that personal information is only retained for the period of time as outlined in any retention and disposal guidelines established by Laricina form time to time, or as required for statutory or other legal purposes. Upon request, and subject to legal requirements, individuals will be granted the reasonable right of access to and review of their personal information.

Privacy Officer

In order to ensure compliance with this Policy and privacy legislation, Laricina has appointed the VP Finance and Controller as the Privacy Officer for the Company. The Privacy Officer is responsible for ensuring compliance with the law and this policy and responding to any questions or concerns. You may address any questions or concerns about our compliance with this policy or concerning your personal information by contacting Laricina’s Privacy Officer.

 

Laricina Energy Ltd.
Privacy Officer: Diane Koenig, VP Finance and Controller
Email: Diane.Koenig@laricinaenergy.com
Phone: 1-403-718-8916
Main office number: 1-403-750-0810

This Policy has been approved by the Board and is effective March 20, 2006.


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