middle.news

Omega Oil and Gas Secures A$7 Million to Accelerate Canyon-1H Program

7:03pm on Monday 2nd of June, 2025 AEST Energy
Read Story

Omega Oil and Gas Secures A$7 Million to Accelerate Canyon-1H Program

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • A$7 million capital raise completed at market price of $0.315 per share
  • Strong backing from major shareholders Ilwella Pty Ltd and Tri-Star
  • Funds to bolster balance sheet ahead of R&D tax incentive refund
  • Capital to accelerate Canyon-1H fracture stimulation and flowback program
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Omega Oil & Gas (ASX:OMA)
OPEN ARTICLE