Orca Exploration Announces Two Senior Natural Gas Appointments in Tanzania
TSX-V: ORC.A, ORC.B
TORTOLA, British Virgin Islands. Orca Exploration Group Inc. ("Orca" or the "Company") announces two senior natural gas operations and marketing appointments. Andrew Brown has been named General Manager of Orca’s natural gas production, gas marketing and distribution operations in Tanzania. Pierre Raillard has been named Vice President, EastCoast Transmission and Marketing, the new infrastructure development division of Orca.
Mr. Brown has had a broad and successful career in downstream gas marketing and operations. He previously held senior management positions over a period of 36 years within the BG Group, a world leader in natural gas exploration, production and marketing. Mr. Brown recently served as Managing Director for BG’s Nile Valley gas company in Egypt. His skill and experience are ideally suited to managing operations and continuing the development of Orca’s gas markets in Tanzania. Mr. Brown will be based at Orca’s operations headquarters in Dar es Salaam, Tanzania. He replaces Pierre Raillard as In-Country Manager.
Mr. Raillard has been with Orca since it began its natural gas operations in Tanzania. He has played a key role in the development of the Company’s Songo Songo natural gas operations and has been at the heart of Orca’s market development work with industrial and utility gas customers. Mr. Raillard will head up a previously announced new division of Orca committed to expand midstream gas distribution beyond Dar es Salaam and potentially for export to other countries in East Africa.
As part of this, Mr. Raillard is leading a study focused on expanding the onshore natural gas pipeline system that currently transports Songo Songo gas to Dar es Salaam. An expansion would require the twinning of the existing 207 kilometer onshore pipeline. Ultimately it is envisioned that the pipeline could be extended along the coast – north to Mombasa and south to Mtwara near the Mnazi Bay gas discovery on the border with Mozambique.
Orca Exploration is an international public company engaged in natural gas exploration, development and supply in Tanzania, oil exploration in Italy and the acquisition of additional new oil and gas exploration opportunities in other proven hydrocarbon basins. Orca Exploration trades on the TSXV under the trading symbols ORC.B and ORC.A.
For further information please contact:
|W. David Lyons, Chairman and CEO
|Nigel A. Friend, CFO
+255 (0)22 2138737
Forward Looking Statements
This disclosure contains certain forward-looking estimates that involve substantial known and unknown risks and uncertainties, certain of which are beyond Orca’s control, including the impact of general economic conditions in the areas in which Orca operates, civil unrest, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with oil and gas operations, therefore Orca’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking estimates and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking estimates will transpire or occur, or if any of them do so, what benefits, including the amounts of proceeds, that Orca will derive therefrom. The forward-looking statements contained in this press release are made as of the date hereof and Orca undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.