Orca Energy Group Inc. today announces that it has filed its condensed consolidated interim financial statements and management's discussion and analysis for the three and six month periods ended June 30, 2025 with the Canadian securities regulatory authorities. All amounts are in United States dollars unless otherwise stated. Jay Lyons, Chief Executive Officer, commented: "Operationally, Orca continues to perform in line [...]
Orca Energy Group Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per Class A Common Voting Share of the Company and $0.10 per Class B Subordinate Voting Share of the Company. The dividend will be payable on October 15, 2025 to holders of Class A Shares and Class B Shares of record on September 30, 2025. About Orca Energy Group Inc. Orca is an international public company [...]
Orca Energy Group announces that: its subsidiary, Pan African Energy, submitted a Request for Arbitration to the International Centre for Settlement of Investment Disputes, an arm of the World Bank, against the United Republic of Tanzania for various breaches by Tanzania of the investment protections provisions of the Agreement on Promotion and Reciprocal Protection of Investment between the Government of the Republic of [...]
Orca Energy Group Inc. announces that Mr. Ewen Denning is no longer employed in the position of Chief Operating Officer with the Company and its subsidiaries effective July 15, 2025. "On behalf of the Company, I would like to thank Ewen for his time with Orca," stated Jay Lyons, Chief Executive Officer. "We wish him the very best in his future endeavors." The Company is not seeking a replacement for Mr. Denning. Orca [...]
Orca Energy Group Inc. is pleased to announce the voting results from its annual meeting of shareholders held on June 17, 2025 . The results for each of the resolutions set forth in the Company's management proxy circular dated June 17, 2025 are set forth below: 1. Fixing the Number of Directors By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting was fixed at five members. The [...]
Orca Energy Group Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per Class A Common Voting Share of the Company and $0.10 per Class B Subordinate Voting Share of the Company. The dividend will be payable on July 15, 2025 to holders of Class A Shares and Class B Shares of record on June 30, 2025. About Orca Energy Group Inc. Orca is an international public company engaged [...]
Orca Energy Group Inc. today announces that it has filed its condensed consolidated interim financial statements and management's discussion and analysis for the three month period ended March 31, 2025 with the Canadian securities regulatory authorities. All amounts are in United States dollars unless otherwise stated. Jay Lyons, Chief Executive Officer, commented: "Operationally, I am pleased with how Orca has performed [...]
Orca Energy Group Inc. today announced its audited financial results for the fourth quarter and year ended December 31, 2024. All dollar amounts are in United States dollars unless otherwise stated. Revenue increased by 51% for Q4 2024 and by 1% for the year ended December 31, 2024 compared to the same prior year periods. Certain volumes were supplied as Protected Gas prior to July 31, 2024. After the termination of [...]
Orca Energy Group Inc. announces that PanAfrican Energy Tanzania Limited signed a Settlement Agreement with Tanzania Petroleum Development Corporation and Tanzania Electric Supply Company Limited for TANESCO to pay PAET and TPDC US$52.0 million for unpaid amounts owing by TANESCO for deliveries of natural gas from the Songo Songo gas field. PAET and TPDC agreed with TANESCO in the Portfolio Gas Supply Agreement to supply [...]
Orca Energy Group Inc. announces that it has permanently prepaid the US$60 million investment made by International Finance Corporation in the Company's operating subsidiary, PanAfrican Energy Tanzania Limited , pursuant to a loan agreement dated October 29, 2015 among IFC, PAET and the Company . To effect the foregoing prepayment, the Company paid to IFC US$30.6 million, representing the aggregate outstanding principal [...]
February 19, 2025 - Orca Energy Group Inc. and its other subsidiaries and affiliates) announces the approval of its Independent Reserves Evaluation as at December 31, 2024. All currency amounts in this news release are in United States Dollars unless otherwise stated. INDEPENDENT RESERVES EVALUATION The Company's conventional natural gas reserves as at December 31, 2024 for the period to the end of the primary 25-year [...]
Orca Energy Group Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per Class A Common Voting Share of the Company and $0.10 per Class B Subordinate Voting Share of the Company. The dividend will be payable on April 14, 2025 to holders of Class A Shares and Class B Shares of record on March 31, 2025. About Orca Energy Group Inc. Orca is an international public company engaged [...]