Feb 15 (Reuters) - Orca Energy Ltd OGY.AX :
* ENTERED BINDING TERM SHEETS TO ACQUIRE MAJORITY INTERESTS IN 3 RESOURCE EXPLORATION TENEMENTS LOCATED IN WESTERN AUSTRALIA
* CO WILL CONSOLIDATE ITS CAPITAL ON A 1:2 BASIS
Feb 15 (Reuters) - Orca Energy Ltd OGY.AX :
* ENTERED BINDING TERM SHEETS TO ACQUIRE MAJORITY INTERESTS IN 3 RESOURCE EXPLORATION TENEMENTS LOCATED IN WESTERN AUSTRALIA
* CO WILL CONSOLIDATE ITS CAPITAL ON A 1:2 BASIS