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Regulatory

Orca, Swala agree to discontinuance of Tanzanian case

By The Northwire Desk — AI Analysis Feb 27, 2026 · 20:59 ORC · 4.90 Orca Energy Group Inc
ORC · Price

Executive Summary

  • Orca Energy Group Inc. has entered into an agreement with Swala Oil and Gas (Tanzania) PLC to discontinue ongoing court proceedings in Tanzania (Case No. 11561 of 2025).
  • The agreement includes the staying of an anti-suit injunction previously filed by Orca in the High Court of England and Wales.
  • Both parties have agreed to resolve any future disputes through confidential arbitration under the rules of the London Court of International Arbitration, seated in London.

Key Details

  • Parties Involved: Orca Energy Group Inc. (including subsidiaries PAE Pan African Energy Corp. and PanAfrican Energy Tanzania Ltd.) and Swala Oil and Gas (Tanzania) PLC (in liquidation).
  • Tanzania Proceedings: Discontinuation of Swala's proceedings against the Orca Group before the High Court of Tanzania, specifically case No. 11561 of 2025.
  • UK Proceedings: Staying of the anti-suit injunction filed by the Orca Group against Swala in the High Court of England and Wales Commercial Court on Oct. 24, 2025.
  • Dispute Resolution Mechanism: Any such disputes will be referred to confidential arbitration.
  • Arbitration Rules: Conducted under the arbitration rules of the London Court of International Arbitration.
  • Arbitration Seat: London.

Notable Quotes

  • None provided in the text.
Read the original news release →

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