Orca Energy Group Ord Shs Class A V.ORC.B

Primary Symbol: V.ORC.A Alternate Symbol(s): ORXGF

Energy Oil & Gas E&P

Orca Energy Group Inc. is a Tanzania-based company. The Company produces and sells natural gas to the power and industrial sectors. The Company’s principal operating asset is an interest held by a subsidiary, PanAfrican Energy Tanzania Limited (PAET) in a Production Sharing Agreement (PSA) with the Tanzania Petroleum Development Corporation (TPDC) and the Government of Tanzania (GoT) in the United Republic of Tanzania. This PSA covers the production and marketing of certain gas from the Songo Songo Block offshore Tanzania. It operates the Songo Songo gas field offshore Tanzania. The Company operates a license, which has a total area of approximately 41,630 acres (170 square kilometers). The blocks are in shallow water approximately 15 kilometers (km) off the coast and 200 km south of Dar es Salaam. Songas owns the infrastructure that enables the natural gas from the Songo Songo field to be transported to Dar es Salaam where it is consumed by power and industrial customers.

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Orca Energy Group Ord Shs Class A > Now my WORST PERFORMING energy stock..

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Comment by Rvdt86on Nov 14, 2021 8:01pm

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Post# 34125452

RE:Now my WORST PERFORMING energy stock..

Ya my worst performing energy stock by a long shot. I do think this has a lot of potential. The margins this company makes are incredible. And to population is their and theirs no lack of need in the country. My only concrens are the gas reserves are nothing impressive from what the reports ive read are saying. Also with the new hydrodam suposed to be coming online next year their going to need more new customers to offset the potential loss of sales to Tanesco

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