financial highlights

Q3 2019

NINE MONTHS ENDED SEPTEMBER 30
  2019 2018

OPERATING

Daily average gas delivered and sold (MMcfd) 60.5 38.3
  Industrial 13.3 13.0
  Power 47.2 25.3

AVERAGE PRICE($/mcf)

  Industrial 8.03 8.20
  Power 3.42 3.68
  Weighted Average 4.44 5.21
Operating netback ($/mcf) 2.60 2.49

FINANCIAL

Revenue 62,383 44,306
Net cash flows from operating activities
   per share - basic and diluted ($)
29,717
0.86
24,667
0.70
Net income attributable
to shareholders

per share - basic and diluted ($)
12,379
0.35
10,519
0.30
Adjusted funds flow from operations
  per share - basic and diluted ($)
29,653
0.84
12,857
0.36
Capital expenditures 3,157 3,215
  As at September 30, 2019 As at December 31, 2018
Working capital (including cash) 93,280 84,182
Cash and cash equivalents 66,198 64,660
Investments in short-term bonds 76,529 66,837
Long-term loan 54,033 53,900
Outstanding shares ('000)
  Class A
  Class B
1,750
32,599
1,750
33,506
Total shares outstanding 34,349 35,256
Weighted average Class A
and Class B shares ('000)
35,141 35,256

RECENT REPORTS
NS51-101 Form NS51-101 Form NS51-101 Form
2019 Q3 Report 2018 Q4 Annual Report N1 51-101 report
spacer Annual Information Form
More SEDAR filings Annual Information Form 2018 ESTMA Report

FINANCIAL REPORTS ARCHIVE
Reserves Presentation
2019 Presentation
TRANSPARENCY

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

November 28, 2019 Orca Exploration Announces Quarterly Dividend
Orca Exploration Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) today announces that its Board of Directors has declared a quarterly cash dividend of $0.06 (Cdn) per Class B Subordinate Voting Share of the Company. The dividend will be payable on January 31, 2020 to holders of Class A Common Voting Shares and Class B Subordinate Voting Shares of record on December 31, 2019. [more...]

November 18, 2019 Orca Exploration Announces Completion of its Q3 2019 Interim Filings
TORTOLA, British Virgin Islands, November 18, 2019:Orca Exploration Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) announces that it has filed its condensed consolidated interim financial statements and management's discussion and analysis for the three and nine month periods ended September 30, 2019 with the Canadian securities regulatory authorities. [view release][view report]

November 6, 2019 Orca Announces Independent Natural Gas Resource Report
TORTOLA, British Virgin Islands, 6 November 2019: Orca Exploration Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) announces its independent natural gas resource assessment report dated as of June 30, 2019 (the “Resource Report”). [more...]