financial highlights

Q2 2017

THREE MONTHS ENDED JUNE 30
  2017 2016

OPERATING

Daily average gas delivered and sold (MMcfd) 39.5 40.3
  Industrial 12.7 12.6
  Power 26.8 27.7

AVERAGE PRICE(US$/mcf)

  Industrial 7.69 7.64
  Power 3.57 3.55

FINANCIAL

Revenue 14,448 14,572
Net cash flows from operating activities
   per share - basic and diluted ($US)
12,038
0.35
6,237
0.18
Net (loss) income
  per share - basic and diluted ($US)
(622)
(0.02)
1,452
0.04
Cash flow from operations
  per share - basic and diluted ($US)
4,610
0.13
6,772
0.19
Capital expenditures
350 2,841
  As at June 30, 2017 As at
Dec. 31, 2016
Working Capital (including cash) 69,718 71,989
Cash 98,285 80,895
Long-term loan 58,468 58,399

*See MD&A, Non-GAAP measure

investing in orca

Orca Exploration's mission is to benefit our shareholders, employees and partners through the exploration and development of oil and gas resources in proven underdeveloped hydrocarbon basins.

Orca Exploration is an international public company engaged in hydrocarbon exploration, development and supply of natural gas in Tanzania and oil and gas exploration in Italy. Orca and its employees are committed to ethically, socially and environmentally responsible development.

Latest News

15 August 2017Orca Exploration Announces Completion of its Q2 2017 Interim FilingsTORTOLA, British Virgin Islands August 15, 2017: Orca Exploration Group Inc. ("Orca" or "the Company") 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, 2017 with the Canadian securities regulatory authorities. [more...] [full report pdf]

14 August 2017Orca Exploration confirms discussions with Swala Oil & Gas (Tanzania) plc regarding a possible minority investment in the Orca GroupTORTOLA, British Virgin Islands August 14, 2017: Orca Exploration Group Inc. ("Orca" or the "Company") confirms that it is in discussions with Swala Oil & Gas (Tanzania) plc regarding a possible minority investment in PAE PanAfrican Energy Corporation ("PAEM"), a Mauritius-registered company that is a wholly-owned subsidiary of the Company. [more...]