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Orca Energy Group Provides Update on Proposed Transaction, Songo Songo Licence Expiry, and withdrawal of Swala Arbitration Claims

Barchart·09/28/2026 17:00:00
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TORTOLA, British Virgin Islands, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) provides an update regarding the previously announced sale of its Tanzanian business (the “Proposed Transaction”), the impending expiry of the Songo Songo Development Licence and related gas supply contracts, and the withdrawal of claims in the arbitration commenced by Swala Oil & Gas (Tanzania) Plc (in liquidation) and Swala UK Operations Limited.

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