Laricina Energy Enters Into Settlement Term Sheet with CPPIB, Seeks Court Approval
Posted on 07/11/2015
Calgary-based Laricina Energy Ltd., once able to lure large institutional investors like the Korea Investment Corporation (KIC) and Canada Pension Plan Investment Board (CPPIB), became an insolvent junior oilsands company earlier in 2015. A victim of cheap oil and lofty ambitions, in March 2015, Laricina Energy was granted Companies’ Creditors Arrangement Act court protection by […]
