Is Orca Energy a US company?

TORTOLA, British Virgin Islands, Oct. 30, 2023 — Orca Energy Group Inc. (“Orca” or the “Company” and includes PanAfrican Energy Tanzania Limited (“PAET”) and its other subsidiaries, and affiliates) (TSX-V: ORC.A, ORC.B) today announces an operational update. All amounts are in United States dollars (“$”) unless otherwise stated. OPERATIONAL

Does Cape Verde have biomass?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Cape Verde: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.

What is orca doing now?

In the long term, subject to 3D seismic results and contractual conditions, Orca aims to increase its sales volumes and expand its industrial gas distribution to displace higher carbon based and more expensive energy alternatives. Today, Orca is focused on sustaining current demand to support critical power generation and industrial demand.

What makes Orca a good company?

Orca seeks to bring positive change to the local communities where it operates, and also looks to empower its local workforce. Ensuring a high level of governance and oversight is one of the top priorities for the Company.

What does Orca do?

Orca aims to have a positive impact on its country of operations, its people and the population whom we operate alongside, while reliably supplying natural gas to support Tanzania’s power and industrial growth in a bid to help the nation transition towards a lower carbon economy.

Will orca drill in Q4 2022?

The Company has an active work program with plans for a 3D seismic acquisition in Q4 2022 to further prove up prospective resources for drilling. Orca has been successfully producing from Songo Songo since 2004 and is on track to deliver average production in 2022 of between 120mmscfd and 130mmscfd.