Orca Exploration Group Inc. announces Year End Disclosure
Tortola, British Virgin Islands Orca Exploration Group Inc. ("Orca" or "the Company") announces, as mandated by National Instrument 51-101, that on May 1, 2007 it filed its Statement of Reserves Data and Other Oil and Gas Information for the year ended December 31, 2006 with Canadian securities authorities.
Each of the filed documents may be accessed on SEDAR at www.sedar.com or through Orca's website at www.orcaexploration.com.
Orca Exploration Group Inc. is a publicly traded company that trades on the TSX Venture Exchange under the symbol "ORC". Forward Looking StatementsThis 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 please contact:
Peter R. Clutterbuck, CEO
+44 (0) 7768 120727
Nigel A Friend, CFO
+255 (0)22 2138737