TORTOLA, British Virgin Islands 12 January 2018: Orca Exploration Group Inc. (“Orca” or the “Company”) today announced that Orca has agreed to extend the date by which certain escrow release conditions must be met in order to complete the previously announced investment by Swala Oil & Gas (Tanzania) plc in the Orca Group of up to US$130 million from 12 January 2018 to 23:59 (GMT) 17 January 2018.

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