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Omega Oil and Gas Unveils Strong Canyon-1H Flows, Secures $7M Funding Boost
4:05am on Monday 2nd of June, 2025 AEST
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Energy
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Omega Oil and Gas Unveils Strong Canyon-1H Flows, Secures $7M Funding Boost
4:05am on Monday 2nd of June, 2025 AEST
Key Points
Canyon-1H well delivers peak oil flow of 452 barrels per day and associated gas flow
Company fully funded for next appraisal phase with $7 million institutional placement
Martin Houston appointed Chair, bringing extensive global oil and gas leadership
Ongoing evaluation of Canyon-2 well data and upcoming fracture tests scheduled
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Omega Oil & Gas (ASX:OMA)
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