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Omega Oil & Gas Limited ( (AU:OMA) ) has issued an announcement.
Omega Oil & Gas Limited has appointed Martin Houston, a seasoned veteran with over 40 years in the oil and gas industry, as the new Chair of their Board. Houston, known for his leadership in the LNG sector and major projects like the Queensland Curtis LNG project, is expected to advance Omega’s strategic goals in the Taroom Trough. This appointment underscores Omega’s ambition to tap into large undeveloped gas resources in Australia, potentially enhancing its market position and contributing to the country’s energy security.
More about Omega Oil & Gas Limited
Omega Oil & Gas Limited is an energy company focused on exploration and production in the oil and gas industry. They are particularly invested in developing resources in areas like the Taroom Trough in Australia, aiming to unlock significant gas reserves to contribute to Australia’s long-term energy security.
YTD Price Performance: 17.65%
Average Trading Volume: 387,051
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of OMA stock, go to TipRanks’ Stock Analysis page.
