Omega Oil & Gas Secures AU$7.3 Million R&D Tax Offset From Government Program; Shares Up 4%

MT Newswires Live

2025/07/21

Omega Oil & Gas (ASX:OMA) received a AU$7.3 million refundable research and development (R&D) tax offset, including interest, for the 2022 to 2023 financial year through the Australian government's R&D tax incentive scheme, according to a Monday Australian bourse filing.

The R&D tax incentive allows eligible Australian companies earning under AU$20 million to claim a nearly 44% refund on qualifying R&D expenses, the filing said.

The company's shares rose almost 4% in recent Monday trade.

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