Orca snapshot Listed on the Toronto venture exchange under ORC.A and ORC.B Market capitalisation C118 million (C4.0 per Class B share) 29.49 million shares issued (1.75 million Class A shares and 27.74 million subordinated Class B…
Tanzanian operations: upstream and downstream Party to a Production Sharing Agreement (PSA) with Tanzania Petroleum Development Corporation (TPDC) Operates the 879 Bcf Songo Songo gas field of which 195 Bcf is allocated for use…
Tanzanian operations integrated gas chain Downstream pressure reduction station SS-9 SS-10 SS-4 owned and operated by Orca SS-5 SS-7 SS-3 Six wells operated by Orca Songas gas processing facilities operated by Orca Songas…
Reserves Songo Songo Gross field reserves (Bcf) 1P 2P 3P Total 688 879 1,084 Management assesses that an average plateau of 160 MMcfd (200 MMcfd peak) could be delivered from the Songo Songo field with the drilling of an…
Capacities and markets + + Songo EastCoast Songo Transmission Industrial/CNG growth Extended West well test Twin offshore 2011 packages Pipeline New 200 MWs in 2015 2015 200 EastCoast Kinyerezi 240 MWs (combined SS-10…
Infrastructure required to monetise reserves Songo Songo field plateau 160 MMcfd (200 MMcfd peak) The existing infrastructure can be expanded to this level in two phases: Phase 1 new gas processing facilities and compression raising…
Power, industrial and CNG gas markets Orca has financed and built a low pressure gas distribution network around Dar es Salaam (in excess of 50 kms) Diversified customer base (35 customers including power plants, textiles,…
Italy Elsa appraisal opportunity Large volume of KNOWN oil in place. Appraisal / development project. 65m oil column drilled in 1992 Appraisal well designed to test oil. The key uncertainty is the quality of the crude Recovery…
Elsa - update Drilling embargo announced by the Italian environment minister in Rome 5 nautical miles from coast 12 nautical miles from marine parks Currently not yet law No draft decree yet published Unclear whether ban applies…
New Ventures The Company is looking for one further high impact exploration project to compliment the cash generative business in Tanzania and the low risk appraisal well in Italy A production sharing contract has been signed in a…