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Omega Oil & Gas Confirms 1.73 TCF Gas Resource

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Omega Oil & Gas Confirms 1.73 TCF Gas Resource

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Omega Oil & Gas Limited ( (AU:OMA) ) just unveiled an announcement.

Omega Oil & Gas Limited has announced the independent verification of its contingent gas resources, totaling 1.73 trillion cubic feet, as assessed by Netherland, Sewell & Associates, Inc. This verification strengthens Omega’s resource base and positions the company favorably in the energy market, potentially impacting its future operations and stakeholder interests.

The most recent analyst rating on (AU:OMA) stock is a Buy with a A$0.84 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 operates in the energy sector, focusing primarily on oil and gas exploration and production. The company is involved in assessing and developing gas resources, with a particular emphasis on contingent gas resources.

Average Trading Volume: 917,421

Technical Sentiment Signal: Buy

Current Market Cap: A$152.7M

See more insights into OMA stock on TipRanks’ Stock Analysis page.

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