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Omega Oil and Gas Secures Strong Shareholder Support at AGM

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Omega Oil and Gas Secures Strong Shareholder Support at AGM

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Omega Oil & Gas Limited ( (AU:OMA) ) has provided an update.

Omega Oil and Gas Limited announced that all resolutions at its Annual General Meeting were passed by poll, with the ‘Adoption of Remuneration Report’ receiving over 75% approval. This outcome reflects strong shareholder support and positions Omega to continue its strategic initiatives in the oil and gas sector.

The most recent analyst rating on (AU:OMA) stock is a Buy with a A$0.85 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 and 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, notably at the Canyon-1H well, and is backed by prominent resource investors. The company aims to be a key contributor to Australia’s energy future.

Average Trading Volume: 908,524

Technical Sentiment Signal: Buy

Current Market Cap: A$165.5M

See more data about OMA stock on TipRanks’ Stock Analysis page.

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