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Orca Energy Group Inc (ORC.B) Sub Voting NPV Class B

Sell:2.95 CAD Buy:3.00 CAD Change: 0.01 CAD (0.34%)
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Sell:2.95 CAD
Buy:3.00 CAD
Change: 0.01 CAD (0.34%)
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Sell:2.95 CAD
Buy:3.00 CAD
Change: 0.01 CAD (0.34%)
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Orca Energy Group Inc. is a Tanzania-based company. The Company produces and sells natural gas to the power and industrial sectors. The Company’s principal operating asset is an interest held by a subsidiary, PanAfrican Energy Tanzania Limited (PAET) in a Production Sharing Agreement (PSA) with the Tanzania Petroleum Development Corporation (TPDC) and the Government of Tanzania (GoT) in the United Republic of Tanzania. This PSA covers the production and marketing of certain gas from the Songo Songo Block offshore Tanzania. It operates the Songo Songo gas field offshore Tanzania. The Company operates a license, which has a total area of approximately 41,630 acres (170 square kilometers). The blocks are in shallow water approximately 15 kilometers (km) off the coast and 200 km south of Dar es Salaam. Songas owns the infrastructure that enables the natural gas from the Songo Songo field to be transported to Dar es Salaam where it is consumed by power and industrial customers.

Contact details

Address:
Barclays House, 5th Floor, Ohio Street,
P.O. Box 80139
DAR ES SALAAM
80139
Tanzania
Telephone:
+255 (22) 2138737
Website:
https://orcaenergygroup.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
ORC.B
ISIN:
VGG6769T1158
Market cap:
161.58 million CAD
Shares in issue:
19.77 million
Sector:
Oil & Gas Exploration & Production
Exchange:
Canadian Venture Exchange
Country:
Virgin Islands
Currency:
Canadian dollars
Indices:
n/a

Key personnel

  • David Ross
    Non-Executive Chairman of the Board, Secretary
  • Jay Lyons
    Chief Executive Officer, Executive Director
  • Lisa Mitchell
    Chief Financial Officer
  • Stephen Huckerby
    Chief Accounting Officer
  • Andrew Hanna
    Managing Director - PanAfrican Energy Tanzania Limited
  • Lloyd Herrick
    Advisor to the board and management

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.