middle.news
How Omega Oil and Gas Freed Its Queensland Assets from a Costly Royalty
8:55am on Tuesday 10th of June, 2025 AEST
•
Energy
Read Story
How Omega Oil and Gas Freed Its Queensland Assets from a Costly Royalty
8:55am on Tuesday 10th of June, 2025 AEST
Key Points
Omega pays US$1 million to extinguish 3% royalty on liquids production
Royalty deed related to Queensland Bowen Basin assets from 2020 acquisition
Transaction funded from Omega’s $13.6 million cash reserves
Frees Omega’s Taroom Trough assets for unencumbered commercialisation
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
OMA
OPEN ARTICLE