Omega Oil and Gas is an early mover in an emerging play within the junior oil and gas space in Australia. The company is focused on unlocking the immense value in Permian Deep Gas assets beneath historical CSG targets. This exploration and appraisal work will form the company’s core exploration activity and will be primarily funded initially by investor capital contributions. Omega’s value is underpinned by a leadership team with proven experience in oil and gas, engineering, large-scale infrastructure projects, and commercial structuring. In October 2020, the company was successful in acquiring a strong portfolio of gas and oil assets in the Surat Basin.