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

Recent Presentations

Corporate Presentation 2021

Financial Highlights Q4 2021

THREE MONTHS ENDED DECEMBER 31, 2021
  2021 2020

Operating

Daily average gas delivered and sold (MMscfd) 71.1 62.8
Industrial 14.9 12.4
Power 56.2 50.4
THREE MONTHS ENDED DECEMBER 31, 2021
  2021 2020

Average Price ($/mcf)

Industrial 8.58 7.56
Power 3.41 3.52
Weighted Average 4.50 4.32
Operating netback ($/mcf) 3.08 3.22
THREE MONTHS ENDED DECEMBER 31, 2021
  2021 2020

Financial ($000's unless sated otherwise)

Revenue 24,819 21,980
Net income attributable to shareholders
  per share - basic and diluted ($)
1,548
0.08
7,375
0.28
Net cash flows from operating activities
   per share - basic and diluted ($)
18,521
0.93
19,369
0.74
Capital expenditures 3,715 9,412
Weighted average Class A
and Class B shares
19,969 26,138

($000's unless sated otherwise)

As at December 31, 2021

As at December 31, 2020

Working Capital (including cash) 41,779 74,236
Cash and cash equivalents 72,985 104,190
Long-term loan 49,603 54,246
Outstanding shares (000's)
  Class A
  Class B

1,750
18,203

1,750
24,388
Total shares outstanding (000's) 19,953 26,138