TSX-V: ORC.A, ORC.B
TORTOLA, British
Virgin Islands, Nov. 2, 2015 /CNW/
- Orca Exploration Group Inc. ("Orca" or the "Company") announces
the appointment of Blaine E. Karst
as Chief Financial Officer. Mr. Karst has over 30 years of
experience in senior financial management roles, with the majority
of the past 15 years working as Finance Director/CFO for
internationally focused oil and gas exploration and production
companies. From 2007 to 2014, Mr. Karst worked as CFO for
Vostok Energy Plc., a private UK based group with oil and gas
operations in Russia. From 2000 to
2006, Mr. Karst worked as in-country Finance Director in
Vietnam and Russia for Soco International Plc, a London
Stock Exchange listed international oil and gas exploration and
production company. Mr. Karst has a Bachelor of Commerce degree
from the University of Saskatchewan and
is a Canadian CPA, CA (Chartered Professional Accountant, Chartered
Accountant).
The appointment follows the reassignment of former CFO, Robert S
Wynne, who will be assuming a senior advisory role working directly
with the CEO and CFO.
"The appointment of Mr. Karst brings an added dimension and a
wealth of experience to Orca Exploration Group. I look forward to
working closely with him as we look to deliver greater success in
the future," commented W. David
Lyons, Orca Chairman and Chief Executive Officer. "I
am also particularly grateful to Mr. Wynne our former CFO, for his
steadfast service to the Company. His move within the Group
into a key advisory role will be critical as we seek to diversify
this company and take it from strength to strength."
About Orca Exploration Group Inc.
Orca is an international public company engaged in natural gas
exploration, development and supply in Tanzania through the wholly-owned subsidiary
PanAfrican Energy Tanzania Limited, as well as oil and gas
appraisal in Italy. Orca trades on
the TSX Venture Exchange under the trading symbols ORC.A and
ORC.B.
Neither 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.
SOURCE Orca Exploration Group Inc.