Laricina Energy Exits Credit Protection, CPPIB Now Owns
Posted on 02/03/2016
Calgary-based Laricina Energy Ltd., a junior oil sands developer, which received capital over the years from wealth funds such as the Korea Investment Corporation (KIC) and pensions, exited court protection from lenders granted last March under Canada’s Companies’ Creditors Arrangement Act. The company focuses on the development of in situ (underground) bitumen deposits in sand […]
