Orca Energy Group Announces Definitive Agreement to Divest Tanzanian Business

TORTOLA, British Virgin Islands, April 13, 2026 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ("Orca" or the "Company") announces that it has entered into a definitive Share Purchase Agreement (the "Share Purchase Agreement") with Taifa Gas Tanzania Limited ("Taifa") and Amber Energy Investment L.L.C-FZ ("Amber", and together with Taifa, the "Purchasers") pursuant to which Orca will sell all of the outstanding shares of PAE PanAfrican Energy Corporation ("PAEM"), its wholly-owned Mauritian holding subsidiary (the "Proposed Transaction"). Upon closing of the Proposed Transaction, Taifa will acquire 49% of PAEM and Amber will acquire 51%.