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How Omega’s Canyon Project Is Unlocking Premium Oil and Expanding Reserves
9:51am on Thursday 31st of July, 2025 AEST
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Energy
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How Omega’s Canyon Project Is Unlocking Premium Oil and Expanding Reserves
9:51am on Thursday 31st of July, 2025 AEST
Key Points
Successful Canyon-1H flow test confirms commercial oil and gas flow rates
Premium light crude oil with API gravity of 49.5, surpassing Brent benchmark
Canyon-2 cased-hole logging reveals multiple stacked pay zones with enhanced reservoir quality
Legacy production royalty extinguished, improving commercial flexibility
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