financial highlights

Q4 2017

YEAR ENDED DECEMBER 31
  2017 2016

OPERATING

Daily average gas delivered and sold (MMcfd) 41.6 44.5
  Industrial 12.6 12.5
  Power 29.0 32.0

AVERAGE PRICE(US$/mcf)

  Industrial 7.71 7.70
  Power 3.60 3.56
  Weighted Average 4.84 4.73

FINANCIAL

Revenue 51,854 65,885
Net cash flows from operating activities
   per share - basic and diluted ($US)
48,154
1.38
19,968
0.57
Net (loss) income
  per share - basic and diluted ($US)
(2,500)
(0.07)
2,164
0.06
Funds flow from operations
  per share - basic and diluted ($US)
14,840
0.43
31,855
0.91
Capital expenditures (excluding transfers)
1,545 16,924
  As at December 31, 2017 As at December 31, 2016
Working Capital (including cash) 69,575 71,989
Cash 122,322 80,905
Long-term loan 58,518 58,399

*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

12 April 2018Orca Exploration announces 2017 year-end financial resultsTORTOLA, British Virgin Islands April 12, 2018: Orca Exploration Group Inc. ("Orca" or "the Company")announces its financial results for the year ended December 31, 2017. All currency amounts are in United States dollars unless otherwise stated. [more...]

4 April 2018Orca Exploration announces 2017 Independent Reserves EvaluationTORTOLA, British Virgin Islands April 4, 2018: Orca Exploration Group Inc. ("Orca" or "the Company") announces its independent Reserves Evaluation for the year ended December 31, 2017. All currency amounts are in United States dollars unless otherwise stated.. [more...]

3 April 2018Orca Exploration Announces Extension to the Second and Third Closing Dates of the Swala Investment 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) plc in the Orca Group of up to US$130 million must be completed from 28 March 2018 to 11 May 2018. [more...]