financial highlights

Q1 2018

THREE MONTHS ENDED MARCH 31
  2018 2017

OPERATING

Daily average gas delivered and sold (MMcfd) 37.4 43.5
  Industrial 13.9 11.6
  Power 23.5 31.9

AVERAGE PRICE(US$/mcf)

  Industrial 7.79 7.75
  Power 3.60 3.57
  Weighted Average 5.16 4.68

FINANCIAL

Revenue 14,223 18,126
Net cash flows from operating activities
   per share - basic and diluted ($US)
1,527
0.04
8,787
0.25
Net (loss) income
  per share - basic and diluted ($US)
(4,638)
(0.13)
2,840
0.08
Funds flow (used in) operations
  per share - basic and diluted ($US)
(7,054)
(0.20)
5,926
0.17
Capital expenditures (excluding transfers)
819 120
  As at March 31, 2018 As at December 31, 2017
Working Capital (including cash) 65,201 69,575
Cash 117,813 122,322
Long-term loan 58,557 58,518

*See MD&A, Non-GAAP measure

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

6 June 2018Orca responds to the Government of Tanzania Special Committee ReportTORTOLA, British Virgin Islands June 6, 2018:  Orca Exploration Group Inc. ("Orca" or the "Company") would like to inform its shareholders that a summary of a report by the Special Parliamentary Committee for the Gas Sub-Sector... [more...]

22 May 2018Orca Exploration Announces COMPLETION OF ITS Q1 2018 FILINGSTORTOLA, British Virgin Islands May 22, 2018: Orca Exploration Group Inc. ("Orca" or "the Company") announces that it has filed its condensed consolidated interim financial statements and management's discussion & analysis for the three month period ended March 31, 2018 with the Canadian securities regulartory authorities. [more...]

14 May 2018Orca Exploration Announces Extension to the Second and Third Closing Dates of the Swala InvestmentTORTOLA, British Virgin Islands May 14, 2018: Orca Exploration Group Inc. ("Orca" or "the Company") today announced that Orca has agreed to an additional extension to extend the date by which the second closing and third closing of the previously announced investment by Swala Oil & Gas (Tanzania) [more...]