Search results for: Orca Exploration

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  • 1 June 2010
    Business & Finance

    Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has signed an agreement with Petroceltic International plc (“Petroceltic”) to farm in on Petroceltic’s Central Adriatic B.R268.RG Permit offshore Italy. The farm-in commits Orca to fund 30% of the Elsa-2 appraisal well up to a maximum of US$11.5 million to earn a 15% working […]

  • 17 November 2011
    Business & Finance

    Orca Exploration Group Inc. announces that it has taken delivery of the Sakson PR5 drilling rig at Songo Songo Island enabling the Company to begin work on its US$130 million drilling and development program in Tanzania. Orca, which currently supplies gas primarily for power generation to the Tanzania Electric Supply Company (TANESCO) and Songas, as […]

  • 18 April 2012
    Business & Finance

    Orca Exploration Group Inc. announces that Beer van Straten has been named Chief Operating Officer effective immediately. He will assume responsibility for the Company’s field operations including a large scale development and exploration drilling program in Tanzania. He replaces Dale Rollins who resigned as Chief Operating Officer in March 2012. In making the appointment announcement […]

  • 31 December 2010
    Project & Tenders

    Orca Exploration Group Inc. (“Orca” or “the Company”) has announced that it will perform workovers in 2011 on two Songo Songo offshore natural gas wells (SS-5 and SS-9). Recent routine testing of all five Songo Songo producing gas wells has determined that there is the need for some remedial work on the tubing. As a […]

  • 6 November 2011

    Toronto-listed Orca Exploration’s Tanzanian unit, PanAfrican Energy, plans to invest $130 million to double natural gas output following… Source: Reuters [mappress] Source: Reuters, November 6, 2011; Image: Orca Exploration

  • 11 July 2011
    Business & Finance

    Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has signed an agreement with Songas Limited to increase the capacity of the Songo Songo gas field processing plant from 90 MMcfd to a potential of 110 MMcfd. This will increase the overall infrastructure capacity that processes and transports the gas to Dar es […]

  • 2 July 2018

    Orca Exploration Group has further extended the date by which the second and third closing of the $130 million acquisition of a stake in Orca’s PAE Pan African Energy must be completed.

  • 11 July 2011

    Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has signed an agreement with Songas Limited to increase the capacity of the Songo Songo gas field processing plant from 90 MMcfd to a potential of 110 MMcfd. This will increase the overall infrastructure capacity that processes and transports the gas to Dar es […]

  • 30 July 2018
    Business & Finance

    Swala Oil & Gas has halted trading of its securities listed on the Dar es Salaam Stock Exchange (DSE) in Tanzania.

  • 15 May 2018

    Orca Exploration has agreed to extend the date of the second and third closing of the investment by Swala Oil & Gas.

  • 23 October 2012
    Business & Finance

    Orca Exploration Group Inc. and its operating subsidiary PanAfrican Energy Tanzania Limited jointly announce that its new SS-11 well is onstream which is expected to maintain and strengthen reliability of gas production from Tanzania’s Songo Songo gas field. The new production well SS-11, completed at Songo Songo Island in June 2012, was flowline connected to […]

  • 7 February 2012
    Business & Finance

    Orca Exploration Group Inc yesterday announced the drilling operations at a new gas production well (“SS-11”) on Songo Songo Island, offshore Tanzania. The well is part of a previously announced US$130 million expansion programme to double Orca’s production from the Songo Songo field. The programme also includes provision for the drilling of an offshore exploration […]

  • 30 October 2015
    Exploration & Production

    Orca Exploration Group Inc. has secured a loan to finance part of its offshore development project in Tanzania. The company entered the $60 million loan agreement with International Finance Corporation, a member of the World Bank Group. Proceeds of the loan will be used to fund part of an estimated $120 million first phase of a […]

  • 19 April 2010

    Vanco, along with partners Lukoil and the state oil company Petroci, has completed drilling the Orca exploration well offshore the Republic of Cote d’Ivoire, reporting the well has proved the Orca prospect “highly promising.” Drilled to a total depth of 4,015 meters in waters measuring 1,868 meters deep, the Orca-1X-bis exploration well is located on […]

  • 15 June 2015

    Orca Exploration Group Inc.  is proceeding with the first phase of the Songo Songo gas field development in Tanzania, after the World Bank board approved the International Finance Corporation (“IFC”) financing. IFC has received approval by the board of World Bank for an investment by IFC of up to $60 million in the Company’s operating subsidiary, PanAfrican […]

  • 5 July 2012
    Business & Finance

    Petroceltic International plc (“Petroceltic” or “the Company”), the upstream oil and gas exploration and production company focused on North Africa, the Middle East and the Mediterranean,  announces that its wholly owned Italian subsidiary, Petroceltic Italia S.r.l., has been awarded two exploration licences in the central Adriatic offshore Italy. Licences B.R 270 and B.R 271 are […]

  • 22 February 2016
    Exploration & Production, Project & Tenders

    Orca Exploration Group has announced the completion of its offshore workover and drilling program on the Songo Songo gas field development offshore Tanzania, and the release of the Paragon M826 drilling workover rig. The offshore program of the Songo Songo Main Field development program included workovers on three existing wells (SS-5, SS-7 and SS-9) and the […]

  • 4 April 2013
    Business & Finance

    Petroceltic International plc , the upstream oil & gas exploration company focused on North Africa, the Mediterranean and the Black Sea regions, has announced an update on its activities in Italy. Central Adriatic – New permit award Petroceltic’s wholly owned subsidiary, Petroceltic Italia Srl, has been awarded the exploration permit “B.R272.EL” in the Central Adriatic […]

  • 14 September 2010
    Business & Finance

    Petroceltic International plc, the upstream oil and gas exploration and production company focused on Middle East, North Africa (“MENA”) and the Mediterranean is pleased to announce its Interim Results for the six months to 30th June 2010. HIGHLIGHTS · Successful five-well Algerian drilling and testing programme completed in February 2010 with a major Ordovician gas […]

  • 18 April 2013

    Anadarko Petroleum Corporation  announced the discovery of a new natural gas accumulation fully contained within the Offshore Area 1 of the Rovuma Basin of Mozambique. The Orca-1 discovery well encountered approximately 190 net feet (58 meters) of natural gas pay in a Paleocene fan system. “Discovering another large, distinct and separate natural gas accumulation in […]

  • 28 October 2019
    Exploration & Production

    BP has made a major gas discovery with the Orca-1 exploration well, which is located offshore Mauritania in the BirAllah area.

  • 28 October 2019

    Dallas-based Kosmos Energy said that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area.