NewsPress
23 April 2026
MST Financial Backs Omega Oil & Gas with $60M Raise to Accelerate Taroom Trough Development
MST Financial Backs Omega Oil & Gas with $60M Raise to Accelerate Taroom Trough Development

MST Financial is pleased to have acted as Joint Lead Manager on Omega Oil and Gas Limited's (ASX: OMA) A$60.0 million institutional placement.

The placement was strongly supported by new and existing domestic and international institutional, professional and sophisticated investors.

Proceeds will fund an upgraded 2026/27 work program across Omega's Taroom Trough acreage, including four vertical wells and one to two full-scale, 2,000m horizontal wells, together with stimulation and 6-month flow testing to demonstrate development-scale and commercialisation potential. The program is scheduled to commence in June 2026.

#EquityCapitalMarkets #ASX #OMA #OmegaOilAndGas #OilAndGas #TaroomTrough#EnergySecurity #CapitalRaising #MSTFinancial

https://www.linkedin.com/posts/mst-financialservicesau_equitycapitalmarkets-asx-oma-activity-7452960288645021697-k9AB?utm_source=share&utm_medium=member_desktop&rcm=ACoAADzCcM0BzLRXK99Apr7anIYFhJ5yhQjaRV0

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