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How Will Omega Oil & Gas Deploy Its $7.3M R&D Tax Refund?

8:39am on Monday 21st of July, 2025 AEST Energy
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How Will Omega Oil & Gas Deploy Its $7.3M R&D Tax Refund?

8:39am on Monday 21st of July, 2025 AEST
Key Points
  • Received $7.3 million refundable R&D tax offset for 2022/23
  • Refund includes interest, boosting company’s balance sheet
  • Supports continued work on the Canyon Project in Queensland’s Taroom Trough
  • R&D tax incentive applies to companies with turnover under $20 million
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