financial highlights

Q1 2019

THREE MONTHS ENDED MARCH 31
  2019 2018

OPERATING

Daily average gas delivered and sold (MMcfd) 61.3 37.4
  Industrial 11.6 13.9
  Power 49.7 23.5

AVERAGE PRICE($/mcf)

  Industrial 7.97 7.79
  Power 3.43 3.60
  Weighted Average 4.29 5.16
Operating netback ($/mcf) 2.48 2.23

FINANCIAL

Revenue 19,936 14,223
Net cash flows from operating activities
   per share - basic and diluted ($)
13,206
0.37
1,527
0.04
Net income (loss) attributable
to shareholders

per share - basic and diluted ($)
2,784
0.08

(4,611)
(0.13)
Adjusted funds flow from operations
  per share - basic and diluted ($)
9,037
0.26
2,975
0.08
Capital expenditures 1,092 819
  As at March 31, 2019 As at December 31, 2018
Working Capital (including cash) 90,325 81,182
Cash 40,372 64,660
Investments in short term bonds 101,119 66,837
Long-term loan 54,943 53,900
Outstanding shares ('000)
  Class A
  Class B
1,750
33,506
1,750
33,506
Total shares outstanding 35,256 35,256
Weighted average Class A
and Class B shares
35,256 35,256

RECENT REPORTS
NS51-101 Form NS51-101 Form NS51-101 Form
2019 Q1 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

May 16, 2019 Orca Exploration Announces Completion of its Q1 2019 Interim Filings
TORTOLA, British Virgin Islands May 17, 2019: 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 month period ended March 31, 2019 with the Canadian securities regulatory authorities. [more...] [read report]

April 11, 2019 Orca Exploration announces 2018 year-end financial resultsTORTOLA, British Virgin Islands April 11, 2019: Orca Exploration Group Inc. ("Orca" or the "Company") announces its financial results for the year ended December 31, 2018. All currency amounts are in United States dollars unless otherwise stated. [more...] [read report]

April 5, 2019 Orca Exploration announces 2018 Independent Reserves EvaluationTORTOLA, British Virgin Islands April 5, 2019: Orca Exploration Group Inc. ("Orca" or the "Company") announces its independent Reserves Evaluation for the year ended December 31, 2018. All currency amounts are in United States dollars unless otherwise stated. [more...]