Orca Exploration’s Board of Directors is committed to the enhancement of shareholder value and is responsible for overseeing all aspects of the company’s business.
The Board ensures systems are in place to identify and assess the principal risks of the company’s business, and implement appropriate systems to monitor and manage those risks. The Board sets the standards and practices of the Company toward environmental, health and safety policies, regulatory compliance, financial practices, financial reporting and public communications.
The directors and management of Orca Exploration are committed to maintaining a high standard of corporate governance and regularly address major issues such as planning, acquisitions, divestitures, financings and compensation. The Board is responsible for establishing long-term company goals and a strategic planning process.The Board’s Audit Committee meets as necessary to review, recommend and approve financial statements, financial reporting and internal control systems. The Board also oversees the external audit function and recommends the appointment of auditors.