Webcast - Peters & Co. Limited 2013 Energy Conference
Date & Time: Wednesday, September 11, 2013 - 10:00 AM ET
Laricina Energy Ltd.
President and CEO
Laricina Energy Ltd. is creating value by developing Canada’s oil sands using innovative in situ technologies. We have a diverse portfolio of oil sands assets at varied stages of development, and experienced people with the requisite technical expertise.
Laricina has a portfolio of targeted oil sands assets containing a variety of reservoir environments and geological character. These assets range from the familiar oil sands of the McMurray Formation to the developing Grand Rapids, and Grosmont and Winterburn carbonate formations, all of which offer significant resource potential.
Laricina’s large concentrated resource base holds approximately 466 million barrels of probable reserves, 4.2 billion barrels contingent resources (best estimate) and 0.3 billion barrels prospective resources (best estimate), with more than 12.1 billion barrels best estimate exploitable net-bitumen-in-place. Our plan includes a staged approach to expand production beyond 500,000 net barrels of bitumen per day.
Laricina is a privately-held, Calgary-based, responsible energy company that will contribute supply to the growing demand for crude oil through in situ oil sands development.