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Omega Oil & Gas Limited ( (AU:OMA) ) has shared an announcement.
Omega Oil & Gas Limited has issued 1,050,000 fully paid ordinary shares following the exercise of unlisted options. This move, compliant with the Corporations Act, highlights Omega’s operational transparency and commitment to growth. The issuance of these shares is part of Omega’s broader strategy to capitalize on its recent successes in the Taroom Trough, positioning the company as a significant player in the Australian energy sector.
The most recent analyst rating on (AU:OMA) stock is a Buy with a A$0.64 price target. To see the full list of analyst forecasts on Omega Oil & Gas Limited stock, see the AU:OMA Stock Forecast page.
More about Omega Oil & Gas Limited
Omega Oil & Gas Limited is an Australian exploration company focused on the oil and gas potential of Queensland’s Taroom Trough in the Bowen Basin. Founded in 2020, Omega has made significant hydrocarbon discoveries, including the Canyon-1 and Canyon-2 projects, and aims to be a key contributor to Australia’s energy future.
Average Trading Volume: 773,141
Technical Sentiment Signal: Buy
Current Market Cap: A$166.4M
For detailed information about OMA stock, go to TipRanks’ Stock Analysis page.