Orca Energy Group Inc. Class B · TSXV:ORC.A
Orca Energy Group Inc. Class B — Investor Presentation (May 2023)
23 slides from Orca Energy Group Inc. Class B's investor presentation, May 2023
Slide 1: Orca Energy Group Investor Presentation May 2023
ORCA ENERGY GROUP INC. MAXIMIZING OUR POSITIVE CONTRIBUTION FOR ALL STAKEHOLDERS AS A LONG TERM PARTNER TO TANZANIA Investor Presentation May 2023
Slide 2: Disclaimer
Orca Energy Group Inc. DISCLAIMER The information in this presentation (the "Presentation"), provided as of May 2023, is not complete and does not contain all material information about Orca Energy Group Inc. ("Orca" or the "Company"), including important disclosures and risk factors associated with
Slide 3: A Snapshot of Orca
Orca Energy Group Inc. A SNAPSHOT OF ORCA PROUD TO SUPPORT TANZANIA AND THE COUNTRY’S GROWING ECONOMY Operating in Tanzania • Operator of the Songo Songo gas field offshore Tanzania • Songo Songo has supplied >530 billion cubic feet (“BCF”) of gas to Tanzania • Actively investing in the field and ha
Slide 4: 2022 Highlights
Orca Energy Group Inc. 2022 HIGHLIGHTS ORCA AIMS TO ACHIEVE OPERATIONAL EXCELLENCE, DELIVERING VALUE THROUGH GROWTH OPPORTUNITIES AND STAKEHOLDER RETURNS Financial Operational 2022 Revenue 2022 conventional natural gas production $118.1m 86.8 MMcfd Increased 37% compared to 2021 61.1 MMcfd in 2021 2
Slide 5: Fueling Economic Growth
Orca Energy Group Inc. FUELING ECONOMIC GROWTH RESPONSIBLE FOR SUPPLYING NATURAL GAS TO APPROXIMATELY 45% OF THE TOTAL POWER GENERATION DURING 2022 Power Sector Industrial Sector Compressed Natural Gas • Installed power generation capacity of • 50km low pressure distribution system • Transported to
Slide 6: Key Financial Performance Indicators
Orca Energy Group Inc. KEY FINANCIAL PERFORMANCE INDICATORS FOCUSED ON MAINTAINING A STRONG FINANCIAL POSITION, DELIVERING SUSTAINABLE SHAREHOLDER RETURNS Maintaining a strong liquidity position Gross daily sales volume average Net production revenue Cash and cash equivalents remains a priority for
Slide 7: Sustainable Shareholder Returns
Orca Energy Group Inc. SUSTAINABLE SHAREHOLDER RETURNS SHAREHOLDER RETURNS CONTINUE TO BE BALANCED WITH THE NEED TO INVEST IN THE FIELD TO INCREASE PRODUCTION CAPACITY Since 2018 Orca has distributed shareholder returns totaling US$115.5 Cumulative Dividends Cumulative Share Buy-backs million $m $m
Slide 8: Returns to Tanzanian Stakeholders
Orca Energy Group Inc. RETURNS TO TANZANIAN STAKEHOLDERS ORCA IS PROUD OF THE ROLE IT HAS PLAYED, GENERATING POSITIVE FINANCIAL AND EMPLOYMENT OPPORTUNITIES IN-COUNTRY The Company has generated significant tax receipts for The Government of $m Returns to Tanzanian Stakeholders Tanzania since 2001 10
Slide 9: Sustainable Returns to Stakeholders
Orca Energy Group Inc. SUSTAINABLE RETURNS TO STAKEHOLDERS STAKEHOLDER CONSIDERATION PLAYS A FUNDAMENTAL ROLE IN HOW WE HAVE DEVELOPED OUR BUSINESS MODEL
Slide 10: Our Approach to Sustainability
Orca Energy Group Inc. OUR APPROACH TO SUSTAINABILITY Since the beginning of our Sustainability Strategy formalization and our inaugural 2021 Sustainability Report, the Company has made progress integrating sustainability into its operations, governance and strategy. As a natural gas operator, we ar
Slide 11: Community Focus
Orca Energy Group Inc. COMMUNITY FOCUS The Company continues to ensure that the benefits of its operations are not only for customers and employees, but also supporting and sharing value within the local communities where the Company operates. Orca has made a positive contribution to these areas by
Slide 12: Investment Summary
Orca Energy Group Inc. INVESTMENT SUMMARY • A proven asset with a long track record of safe and reliable operations • Tanzanian economy is growing and as such Orca is seeing significant demand for domestic energy sources • An active work program in place to further develop the field, that is fully f
Slide 13: Contact: info@orcaenergygroup.com
Orca Energy Group Inc. info@orcaenergygroup.com www.orcaenergygroup.com 13
Slide 14: Appendix
Orca Energy Group Inc. APPENDIX 14
Slide 15: Directors
Orca Energy Group Inc. DIRECTORS David Ross Jay Lyons Lisa Mitchell Dr. Frannie Leautier Linda Beal Non-Executive Chair Executive Director and Executive Director and Chief Non-Executive Director Non-Executive Director Chief Executive Officer Financial Officer Chair of ESG Committee Chair of Audit Co
Slide 16: Executive Management
Orca Energy Group Inc. EXECUTIVE MANAGEMENT Jay Lyons Lisa Mitchell Ewen Denning Andrew Hanna (MBE) Lloyd Herrick Executive Director and Executive Director and Chief Chief Operating Officer Managing Director, Tanzania Advisor to the Board and Chief Executive Officer Financial Officer • 34 years in t
Slide 17: Operations
Orca Energy Group Inc. OPERATIONS Maximum Daily CONTRACTS Quantity DESTINATION MMcfd Ubungo 2 129 MW TPDC/NNGI 30 GSA Kinyerezi 1 150 MW Additional Gas Kinyerezi 2 Industries 11 240 MW 180 MW gas Ringmain TPCPLC AG 8 (Industries and CNG) Additional Gas TPDC/NNGI Gas Plant 140 Tegeta TANESCO 45 MW 26
Slide 18: Glossary
Orca Energy Group Inc. Glossary TPDC Tanzania Petroleum Development Corporation GSA Gas Sales Agreement TPCC Tanzania Portland Cement Company AG Additional Gas PG Protected Gas NNGI National Natural Gas Infrastructure TANESCO Tanzania Electric Supply Company PGSA Portfolio Gas Sales Agreement ARGA A
Slide 19: Advisories
Orca Energy Group Inc. ADVISORIES 19
Slide 20: Advisories
Orca Energy Group Inc. Advisories Certain information regarding Orca set forth in this Presentation contains forward-looking statements that involve substantial known and unknown risks and uncertainties. The use of any of the words "plan", "expect", "prospective", "project", "intend", "believe", "sh
Slide 21: Advisories
Orca Energy Group Inc. Advisories These forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control, and many factors could cause the Company's actual results to differ materially from those expressed or implied in any f
Slide 22: Advisories
Orca Energy Group Inc. Advisories Additionally, the forward-looking statements regarding the Company's expectations of future Tanzanian gas demand are based on certain assumptions made by the Company as discussed above as well as additional assumptions including, but not limited to the increase in i
Slide 23: Advisories: Non-GAAP Financial Measures and Ratios
Orca Energy Group Inc. Advisories Non-GAAP Financial Measures and Ratios In this Presentation, the Company has disclosed the following non-GAAP financial measure [, non-GAAP ratios and supplementary financial measures]: capital expenditures. These non-GAAP financial measures [and ratios] disclosed i