Orca Energy Group Inc. Announces Discontinuance of Swala Tanzanian Court Proceedings
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This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentTORTOLA, British Virgin Islands, Feb. 27, 2026 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B), together with its subsidiaries PAE Pan African Energy Corporation and PanAfrican Energy Tanzania Limited (collectively, the “Orca Group“), announces that it has entered into an agreement with Swala Oil and Gas (Tanzania) plc (in liquidation) (“Swala“) for the discontinuation of Swala’s proceedings against the Orca Group before the High Court of Tanzania in Case No. 11561 of 2025, and the staying of the anti-suit injunction filed by the Orca Group against Swala in the High Court of England and Wales Commercial Court on 24 October 2025.
The Orca Group and Swala have agreed to refer any such dispute to a confidential arbitration conducted under the Arbitration Rules of the London Court of International Arbitration, with London as the place and seat of such arbitration.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentAbout Orca Energy Group Inc.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentOrca is an international public company engaged in natural gas development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B.Article contentFor further information please contact:Article contentJay Lyons Lisa MitchellChief Executive OfficerChief Financial Officer+44 (0)20 8434 2754+44 (0)20 8434 2754ir@orcaenergygroup.com ir@orcaenergygroup.com For media enquiries: Celicourt (PR) Mark Antelme Charles Denley-Myerson Orca@celicourt.uk +44 (0)20 8434 2754 Article contentNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Article contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Embassies evacuate in Middle East with Trump 'not happy' on Iran PMN Business Canada's economy shrinks, dragging 2025 growth to slowest pace since height of pandemic Economy This TSX top performer surged 18% this week with a potentially powerful 'catalyst' waiting in the wings, says TD analyst Investor The (high) opportunity cost of paying off your mortgage early Mortgages Canada's housing market suffers largest price decline among major economies, says BIS Real Estate Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Embassies evacuate in Middle East with Trump 'not happy' on Iran PMN Business Canada's economy shrinks, dragging 2025 growth to slowest pace since height of pandemic Economy This TSX top performer surged 18% this week with a potentially powerful 'catalyst' waiting in the wings, says TD analyst Investor The (high) opportunity cost of paying off your mortgage early Mortgages Canada's housing market suffers largest price decline among major economies, says BIS Real Estate