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April 18, 2012

CAPP recognizes Laricina’s Al Murray and Matthew Saunders together with 100 or more committee volunteers for their contributions to CAPP initiatives

Laricina Energy Ltd. (Laricina) is pleased to announce and congratulate Al Murray, Land and Contracts Advisor and Matthew Saunders, Senior Analyst at Laricina Energy Ltd. (Laricina) who were recognized for their efforts and contributions as committee volunteers at the Canadian Association of Petroleum Producers (CAPP) annual general meeting on April 18, 2012. Mr. Murray supported the Oil Sands Tenure Working Group while Mr. Saunders worked with the Oil Sands Royalty Committee and Stratigraphic Wells Working Group.

Each year, CAPP recognizes the contributions of 100 or more member company volunteers who have demonstrated outstanding commitment to CAPP initiatives over the past year. This has been a tradition at the CAPP annual general meeting for more than 20 years.

Laricina has been a member of CAPP since 2006.

About Laricina Energy Ltd.
Laricina is a non-public, Calgary based, responsible energy company that will contribute supply to the growing demand for crude oil through in situ oil sands development.

Laricina’s goal is to create value by developing Canada’s oil sands using innovative in situ technologies. The Company has a diverse portfolio of oil sands assets at varied stages of development, and experienced people with the requisite technical expertise. Laricina has identified five core areas with commercial production potential in excess of 600,000 gross barrels of bitumen per day from a large concentrated resource base with approximately 4.6 billion barrels net recoverable bitumen as determined by Laricina’s independent reservoir engineers. These assets include oil sands resources in the familiar McMurray Formation, and the developing Grand Rapids, and Grosmont and Winterburn carbonate plays, all of which offer significant production potential.

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.

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