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
2019
Latest
SEDAR filings
ESTMA Report
2018
2020 Q3 Interim Report
2020 Annual Report

Recent Presentations

Corporate Presentation 2021

Financial Highlights Q3 2021

THREE MONTHS ENDED SEPTEMBER 30, 2021
  2021 2020

Operating

Daily average gas delivered and sold (MMscfd) 64.5 60.9
Industrial 11.6 13.4
Power 52.9 47.5
THREE MONTHS ENDED SEPTEMBER 30, 2021
  2021 2020

Average Price ($/mcf)

Industrial 8.54 7.41
Power 3.55 3.46
Weighted Average 4.45 4.33
Operating netback ($/mcf) 2.75 2.98
THREE MONTHS ENDED SEPTEMBER 30, 2021
  2021 2020

Financial ($000's unless sated otherwise)

Revenue 22,271 20,859
Net income attributable to shareholders
  per share - basic and diluted ($)
7,613
0.38
1,487
0.06
Net cash flows from operating activities
   per share - basic and diluted ($)
12,132
0.61
7,456
0.29
Adjusted funds flow from operations
  per share - basic and diluted ($)
12,367
0.62
11,847
0.44
Capital expenditures 3,715 9,412

($000's unless sated otherwise)

As at September 30, 2021

As at December 31, 2020

Working Capital (including cash) 46,549 74,236
Cash and cash equivalents 71,433 104,190
Long-term loan 49,563 54,246
Outstanding shares (000's)
  Class A
  Class B

1,750
18,231

1,750
24,388
Total shares outstanding (000's) 19,981 26,138