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Omega Oil & Gas Limited is an energy and resources company focused on natural gas exploration and oil production. The Company holds two explorations permits (ATP 2037 and 2038) and a petroleum licence (PL 17) in the Surat-Bowen Basin in South-East Queensland, Australia.
Following its IPO, Omega intends to execute a two well drilling campaign across both, ATP 2037 and 2038, focusing on the Kianga Formation in the Permian. This drilling campaign seeks to understand two things; validate basin centred play, specifically the feasibility of commingled multi-facies production in the Taroom Trough and to prove commercial prospectivity of the Permian Deep Gas by the application of a fit-for-purpose low cost well design.
The success of these activities will ultimately prove viability of future gas and liquids development. This drilling campaign, if successful, will materially de-risk the Taroom Trough as a future gas producer in the years to come.
It is anticipated that OMA will list on the ASX during October 2022.
omegaoilandgas.com.au
Following its IPO, Omega intends to execute a two well drilling campaign across both, ATP 2037 and 2038, focusing on the Kianga Formation in the Permian. This drilling campaign seeks to understand two things; validate basin centred play, specifically the feasibility of commingled multi-facies production in the Taroom Trough and to prove commercial prospectivity of the Permian Deep Gas by the application of a fit-for-purpose low cost well design.
The success of these activities will ultimately prove viability of future gas and liquids development. This drilling campaign, if successful, will materially de-risk the Taroom Trough as a future gas producer in the years to come.
It is anticipated that OMA will list on the ASX during October 2022.
OMEGA OIL AND GAS LIMITED
OMEGA OIL AND GAS LIMITED Our vision is to become a leader in supporting Australia’s future energy demands by realising value in Australia’s immense gas assets. LEARN MORE PROJECTS ENERGY FOR THE FUTURE Omega Oil and Gas aims to redefine the profile of the Australian energy market by de-risking...
omegaoilandgas.com.au
