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Omega Oil & Gas Limited ( (AU:OMA) ) has issued an announcement.
Omega Oil & Gas Limited has issued 1,720,000 fully paid ordinary shares following the exercise of unlisted options, as per the recent announcement. This move reflects Omega’s ongoing compliance with the Corporations Act and highlights its strategic efforts to bolster its operational capabilities and market position in the oil and gas 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 Taroom Trough in Queensland’s Bowen Basin. Founded in 2020, the company has made significant hydrocarbon discoveries, including the Canyon-1 and Canyon-2 wells, and is positioned to contribute to Australia’s energy future.
Average Trading Volume: 710,707
Technical Sentiment Signal: Buy
Find detailed analytics on OMA stock on TipRanks’ Stock Analysis page.