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Omega Oil & Gas Issues 500,000 New Shares

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Omega Oil & Gas Issues 500,000 New Shares

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An update from Omega Oil & Gas Limited ( (AU:OMA) ) is now available.

Omega Oil and Gas Limited has issued 500,000 fully paid ordinary shares following the exercise of unlisted options, as per the Corporations Act. This move reflects Omega’s ongoing compliance with regulatory requirements and highlights its strategic efforts to strengthen its position in the energy sector, potentially impacting its operational capabilities and stakeholder interests.

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 and Gas Limited is an Australian exploration company focused on unlocking 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 is supported by prominent resource investors.

Average Trading Volume: 502,404

Technical Sentiment Signal: Buy

For an in-depth examination of OMA stock, go to TipRanks’ Overview page.

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