Orcadian Energy (ORCA) Short Positions
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Orcadian Energy is an oil and gas development company that focuses on the North Sea. It's main asset is its 100% interest in the Pilot oilfield, which has 79 million barrels of proven and probable reserves. It also has 53 million barrels of 2C contingent resources in the Elke and Narwhal discoveries.

Orcadian Energy is listed on the London Stock Exchange's Alternative Investment Market (AIM) under the stock symbol ORCA.

In March 2024, Orcadian Energy farmed out an 81.25% interest in P2244 to Ping Petroleum UK plc, retaining an 18.75% interest in the license. Orcadian Energy has also been offered two licenses in the 33rd licensing process.

Orca share price listed at 42p in 2021.

Note: This description is in part generated by AI and not an endorsement by or the opinion of Investegate
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