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OMEGAOILGAS (ASX: OMA) — Company Overview, News & Financial Data

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Company profile

OMEGAOILGAS

About

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OMEGAOILGAS is an Australian energy exploration and development company focused on onshore oil and gas resources. The company primarily operates in the Surat and Bowen Basins in Queensland, Australia, targeting deep tight gas and liquid petroleum plays in the Taroom Trough. Its flagship asset encompasses exploration permits ATP 2037 and ATP 2038, alongside newly awarded prospective acreage. Through horizontal drilling, fracture stimulation, and flow testing programs, the company aims to evaluate and commercialize large-scale deep gas and condensate reserves to support domestic energy supply.

Snapshot

Public AUOwnership
-Year founded
11–50Employees
Brisbane, AustraliaHead office
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Global footprint

Operations

All Locations
Brisbane, AU
Australia

Products and/or services of OMEGAOILGAS

  • Deep Tight Gas Appraisal: Onshore exploration and appraisal across primary permits ATP 2037 and ATP 2038 in Queensland's Taroom Trough, targeting large-scale deep tight gas and liquid petroleum plays in Permian sandstone reservoirs.
  • Taroom Trough Expansion Acreage: Exploration activities across a seven hundred and fifty square kilometre permit area in onshore Queensland, focusing on identifying unconventional petroleum plays and expanding the regional contingent gas and condensate resource base.
  • Deep Well Drilling Operations: Execution of deep vertical and horizontal appraisal drilling programs, reaching depth horizons over four thousand metres to evaluate reservoir pressure, formation thickness, and hydrocarbons in place across primary exploration licences.
  • Multi-Stage Fracture Stimulation: Implementation of multi-stage hydraulic fracturing and controlled flow testing on appraisal wells to assess artificial formation permeability, measure gas and condensate recovery, and determine commercial deliverability parameters.
  • Domestic Gas Commercialisation: Commercial planning for integration with regional gas gathering systems, processing facilities, and pipeline networks to deliver continuous sales gas and liquid petroleum products directly to East Coast Australian energy markets.

OMEGAOILGAS executive team

  • Mr. Trevor John Brown BSc (Hons)CEO, Managing Director & Director
  • Mr. Milton Cooper B.A., CPAChief Commercial Officer
  • Mr. David James Franks BEc, C.A., F Fin, J.P.Company Secretary