TICKER: ORC-A:TSX.V; ORC-B:TSX.V
Orca Exploration Group Inc. is an international junior natural gas exploration and development company with 527 Bcf Proved plus Probable gas reserves and operations exclusively in Tanzania. Today, natural gas production from the company's principal field supplies 99% of the gas used in Tanzania. This gas is used to generate over 60% of the power in the national power grid as well as meeting the energy needs of some 37 industrial customers. Orca is currently planning to double its natural gas production capacity in Tanzania to 190 MMcfd. The company also has an oil appraisal project in Italy, expected in 2015.
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