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How Omega’s $46M Raise Sets Stage for Multi-TCF Canyon Gas Play
1:03pm on Friday 31st of October, 2025 AEDT
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Energy
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How Omega’s $46M Raise Sets Stage for Multi-TCF Canyon Gas Play
1:03pm on Friday 31st of October, 2025 AEDT
Key Points
Raised $46 million in equity placement, boosting funds to over $70 million
Independent reservoir modelling estimates 0.95 MMBOE per well over 10 years
Diagnostic fracture injection tests confirm high reservoir overpressure
Appraisal program with multiple vertical and horizontal wells planned for 2026
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