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Omega Oil Advances with Canyon-1H Well and Promising DFIT Results
5:15pm on Tuesday 28th of January, 2025 AEDT
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Oil and Gas
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Omega Oil Advances with Canyon-1H Well and Promising DFIT Results
5:15pm on Tuesday 28th of January, 2025 AEDT
Key Points
Canyon-1H horizontal well drilling completed at 4,616m depth
Diagnostic Fracture Injection Test (DFIT) confirms high reservoir overpressure and favorable properties
Fracture stimulation and flowback testing scheduled for Q1 2025
Appointment of experienced executives Peter Stickland and Milton Cooper
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