financial highlights

Q3 2017

THREE MONTHS ENDED SEPTEMBER 30
  2017 2016

OPERATING

Daily average gas delivered and sold (MMcfd) 45.1 46.6
  Industrial 14.0 13.5
  Power 31.1 33.1

AVERAGE PRICE(US$/mcf)

  Industrial 7.65 7.60
  Power 3.63 3.57

FINANCIAL

Revenue 12,245 17,744
Net cash flows from operating activities
   per share - basic and diluted ($US)
14,447
0.41
6,540
0.19
Net (loss) income
  per share - basic and diluted ($US)
(34)
(0.00)
5,302
0.15
Cash flows from operations
  per share - basic and diluted ($US)
4,241
0.12
10,024
0.29
Capital expenditures
603 (45)
  As at September 30, 2017 As at
Dec. 31, 2016
Working Capital (including cash) 71,129 71,989
Cash 110,488 80,895
Long-term loan 58,501 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 January 2018Orca Exploration Announces Closing of the First Tranche of the Swala InvestmentTORTOLA, British Virgin Islands 16 January 2018: Orca Exploration Group Inc. ("Orca" or the "Company") today announced that the escrow release conditions have been met regarding the first tranche of the previously announced investment of up to US$130 million by Swala Oil & Gas (Tanzania) plc . [more...]

12 January 2018Orca Exploration Announces Extension to the Closing Date of the Swala InvestmentTORTOLA, British Virgin Islands 12 January 2018 : Orca Exploration Group Inc. ("Orca" or the "Company") today announced that Orca has agreed to extend the date by which certain escrow release conditions must be met in order to complete the previously announced investment by Swala Oil & Gas (Tanzania) plc in the Orca Group of up to US$130 million from 12 January 2018 to 23:59 (GMT) 17 January 2018. [more...]