Company Orca Energy Group Inc.

Equities

ORC.B

VGG6769T1158

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. 03:59:01 2024-07-12 pm EDT 5-day change 1st Jan Change
3.95 CAD +1.02% Intraday chart for Orca Energy Group Inc. +1.02% -10.02%

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.

Number of employees: 128

Sales per Business

CAD in Million2022Weight2023Weight Delta
Power
88.3 %
124 80.8 % 131 88.3 % +5.84%
TPDC Share of Revenue
-43.0 %
-49 -32.0 % -64 -43.0 % +29.76%
Industrial
39.6 %
57 36.8 % 59 39.6 % +4.29%
Current Income Tax Adjustment
15.0 %
22 14.5 % 22 15.0 % +0.17%

Sales per region

CAD in Million2022Weight2023Weight Delta
Tanzania
100.0 %
154 100.0 % 149 100.0 % -3.22%

Managers

Managers TitleAgeSince
Chief Executive Officer - 19-05-28
Director of Finance/CFO 57 21-10-31
Chairman - 04-04-27
Chief Operating Officer - 22-08-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman - 04-04-27
Director of Finance/CFO 57 21-10-31
Director/Board Member - 19-09-02
Director/Board Member 63 19-05-28
Chief Executive Officer - 19-05-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,750,000 7,870 ( 0.4497 %) 0 75.09 %
Stock B 1 18,049,000 14,859,722 ( 82.33 %) 0

Shareholders

NameEquities%Valuation
Shaymar Ltd.
17.45 %
3,181,092 17.45 % 15 M $
Jay Lyons
0.1097 %
20,000 0.1097 % 91 760 $
9,900 0.0543 % 45 421 $
NameEquities%Valuation
Shaymar Ltd.
99.55 %
1,741,975 99.55 % 41 M $
Jay Lyons
0.002857 %
50 0.002857 % 1 187 $

Company contact information

Orca Energy Group, Inc.

2.10 Belle House 1 Hudsons Place

SW1V 1JT, Victoria

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http://www.orcaexploration.com
address Orca Energy Group Inc.(ORC.B)
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