TORTOLA, British Virgin Islands, April 3 /CNW/ - EastCoast Energy
Corporation (TSXV: ECE.A and ECE.B) announced today that it has changed its
legal name to Orca Exploration Group Inc. The Company expects that trading in
the name Orca Exploration will, upon receiving final approval of the TSXV,
begin at the opening of trading on or about 4 April 2007.
The corporate name change was approved by EastCoast Energy Corporation's
shareholders at the Company's Annual General Meeting on 14 November 2006 and a
Certificate of Name Change was issued 2 February 2007.
Orca Exploration Group Inc. is a TSXV Exchange listed company, focused on
the exploration and production of natural gas and the sale of "Additional Gas"
to markets in East Africa. The Company began trading on the TSXV on 31 August
2004 under the trading symbols ECE.B and ECE.A. Subsequently shareholders
approved a name change for the Company from EastCoast Energy Corporation to
Orca Exploration Group Inc. Following final approval of the name change shares
in the Company will trade on the TSXV Exchange as ORC.B and ORC.A.
Forward Looking Statements
This disclosure contains certain forward-looking estimates that involve
substantial known and unknown risks and uncertainties, certain of which are
beyond EastCoast's control, including the impact of general economic
conditions in the areas in which EastCoast operates, civil unrest, industry
conditions, changes in laws and regulations including the adoption of new
environmental laws and regulations and changes in how they are interpreted and
enforced, increased competition, the lack of availability of qualified
personnel or management, fluctuations in commodity prices, foreign exchange or
interest rates, stock market volatility and obtaining required approvals of
regulatory authorities. In addition there are risks and uncertainties
associated with oil and gas operations, therefore EastCoast's actual results,
performance or achievement could differ materially from those expressed in, or
implied by, these forward-looking estimates and, accordingly, no assurances
can be given that any of the events anticipated by the forward-looking
estimates will transpire or occur, or if any of them do so, what benefits,
including the amounts of proceeds, that EastCoast will derive therefrom.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this Press Release.
For further information:
For further information: Nigel A. Friend, CFO, +255 (0)22 2138737,
email@example.com; Peter R. Clutterbuck, CEO, +44 (0) 7768 120727,