Orca has a proven track record of generating value for shareholders through the development of natural gas reserves in Africa. The Company’s model of producing gas and developing markets has proven highly successful for all stakeholders.

Orca has a strong balance sheet and benefits from being highly cash generative. Orca is well placed to capitalize on gas to power opportunities in Tanzania and elsewhere. Orca also benefits from having a highly experienced management team with a proven record and the necessary skills to grow and diversify the business and deliver long-term value for investors.

Recent Reports

NI 51-101 report
2020
Latest
SEDAR filings
ESTMA Report
2020
2020 Q3 Interim Report
2021 Annual Report

Sustainability Report

Recent Presentations

Corporate Presentation 2022

Financial Highlights Q3 2022

THREE MONTHS ENDED SEPTEMBER 30, 2022
  2022 2021

Average Price ($/mcf)

Industrial 8.79 8.54
Power 3.60 3.55
Weighted Average 4.33 4.45
Operating netback ($/mcf) 2.41 2.75
THREE MONTHS ENDED SEPTEMBER 30, 2022
  2022 2021

Average Price ($/mcf)

Industrial 8.79 8.54
Power 3.60 3.55
Weighted Average 4.33 4.45
Operating netback ($/mcf) 2.41 2.75
THREE MONTHS ENDED SEPTEMBER 30, 2022
  2022 2021

Financial ($000's unless sated otherwise)

Revenue 30,537 22,271
Net income attributable to shareholders
  per share - basic and diluted ($)
11,443
0.57
7,613
0.38
Net cash flows from operating activities
   per share - basic and diluted ($)
19,544
0.98
12,132
0.61
Capital expenditures 1,222 3,715
Weighted average Class A
and Class B shares
19,918 19,984

($000's unless sated otherwise)

As at September 30, 2022

As at December 31, 2021

Working Capital (including cash) 57,566 41,776
Cash and cash equivalents 93,118 72,985
Long-term loan 44,815 49,603
Outstanding shares (000's)
  Class A
  Class B

1,750
18,151

1,750
18,203
Total shares outstanding (000's) 19,901 19,953