Orca Exploration announces commencement of gas sales to a new power plant in
Tanzania
ROAD TOWN, Tortola,
The new Tegeta power plant, operated by Wartsila, is the most recent expansion of TANESCO's power generating capacity. To address critical power shortages in
Orca also announces that it has commenced the sale of Compressed Natural Gas (CNG) to a major hotel in
Orca Exploration Group Inc. is a well-financed, international public company engaged in hydrocarbon exploration, development and marketing in
Forward Looking Statements
This disclosure contains certain forward-looking estimates that involve substantial known and unknown risks and uncertainties, certain of which are beyond Orca Exploration's control, including the impact of general economic conditions in the areas in which Orca Exploration 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 Orca Exploration'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 Orca Exploration will derive therefrom.
For further information: For further information: Nigel A. Friend, CFO, +44 (0) 7798 502316, [email protected] or Peter R. Clutterbuck, CEO, +44 (0) 7768 120727, [email protected] or visit the Company's web site at www.orcaexploration.com
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