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


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

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.


TSXV:ORC.A - Post by User

Comment by downwithdotcom1on Apr 20, 2023 1:38pm
295 Views
Post# 35405678

RE:RE:RE:RE:RE:Now my WORST PERFORMING energy stock..

RE:RE:RE:RE:RE:Now my WORST PERFORMING energy stock..more than a year later AND NOTHING HAS CHANGED..."B" shareholders continue to be held hostage by this "possibly engineered" churning of the stock 100 shares at a time. ACTIVIST SHAREHOLDER , dissolving of this dual share structure or even a CLASS ACTION lawsuit against management/BOD is sorely needed to allow prospective buyers to unlock shareholder value because this current team has clearly demonstrated that they either can't or most likely WONT to whatever means...Year end results were expected yesterday..so far natta... For the record, i sold 1/2 my position more than a year ago and put it into CVE and ARC which at least allowed me to get a few trades in to make a few $$. The potential of ORCA is huge, it continues to trade near cash but NOBODY including the market appears to care as demonstrated by dropping down to $4.70 in the last few days.Any one else still following this stock??? dwdc
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