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Opinions Michael Smedley
Orca Exploration Group (B)ORC.B.VBUYSep 10, 2007
Very impressive management. Have an integrated offshore gas discovery on the east coast of Africa. Have announced they're going back to offshore west Africa. Should continue to be a great player in the market.
Michael SmedleyOwned
$12.05
Stock price when the opinion was issued
$2.80
As of Jun 19, 2026. Market Open.
oilgas
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RISKY
Has been hit by the market but also had a delay in the gas facilities in Tanzania. They are edging into the territory in Uganda where another company is having fabulous oil finds. They are also edging back to Gabon. Speculative.
Michael SmedleyOwned
oilgas
PAST TOP PICK
(A Top Pick Nov 22/06. Up 7.7%.) Recently announced a delay in the setting up of its gas plant in Tanzania. It will take time to get cash flows flowing through. Has an extraordinarily rich oil bearing territory in Uganda. Still a Buy.
Michael SmedleyOwned
oilgas
PAST TOP PICK
(A Past Top Pick Nov 22/06. Up 7.7%.) (Formerly East Coast Energy.) The team that runs this are the people that ran Pan Ocean. Offshore Tanzania. A key supplier of natural gas to a Hydro Company. Has a low profile. Have not had any announcements lately. Still a Buy.
Michael SmedleyOwned
oilgas
BUY
Tanzanian oil. Likes the story. A 2008 – 2009 story when the cash flow really kicks in.
Brendan KyneOwned
oilgas
BUY
Natural gas production in Tanzania, which is fairly settled. Extraordinarily good management. They will go back to West Africa and will buy assets on shore.
Michael SmedleyOwned
oilgas
TOP PICK
(Formerly Eastcoast Energy (ECE.B-X)) Natural gas production in Tanzania. Fabulous expansion in gas reserves offshore. Contracts onshore for the gas. Have announced they are going back to West Africa.
Michael SmedleyOwned
oilgas
