Omega Oil & Gas Signs Letter of Intent for Provision of Drill Rig for Appraisal Program at Queensland Project

MT Newswires Live

Nov 12, 2025

Omega Oil & Gas (ASX:OMA) signed a binding letter of intent with Helmerich & Payne (Australia) Drilling for the provision of the Rig 648 for the firm's Taroom Trough appraisal program, as part of the Permian unconventional gas and liquids play in the Canyon project within Queensland's Taroom Trough, according to a Wednesday Australian bourse filing.

An exclusivity period was agreed upon by both parties to finalize the contract terms. The rig contract will comprise three firm wells and four optional wells.

The multi-well appraisal program is scheduled to begin in May 2026.

Its shares fell over 2% in recent trading on Wednesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2582346566"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2582346566\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2582346566?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-12 13:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582346566","market":"fut","top_or_hot":-1,"title":"Omega Oil & Gas Signs Letter of Intent for Provision of Drill Rig for Appraisal Program at Queensland Project","media":"MT Newswires Live","content":"<html><body><p> Omega Oil &amp; Gas (ASX:OMA) signed a binding letter of intent with Helmerich &amp; Payne (Australia) Drilling for the provision of the Rig 648 for the firm's Taroom Trough appraisal program, as part of the Permian unconventional gas and liquids play in the Canyon project within Queensland's Taroom Trough, according to a Wednesday Australian bourse filing.</p><p>An exclusivity period was agreed upon by both parties to finalize the contract terms. The rig contract will comprise three firm wells and four optional wells.</p><p>The multi-well appraisal program is scheduled to begin in May 2026.</p><p>Its shares fell over 2% in recent trading on Wednesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Omega Oil & Gas Signs Letter of Intent for Provision of Drill Rig for Appraisal Program at Queensland Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOmega Oil & Gas Signs Letter of Intent for Provision of Drill Rig for Appraisal Program at Queensland Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-11-12 13:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Omega Oil &amp; Gas (ASX:OMA) signed a binding letter of intent with Helmerich &amp; Payne (Australia) Drilling for the provision of the Rig 648 for the firm's Taroom Trough appraisal program, as part of the Permian unconventional gas and liquids play in the Canyon project within Queensland's Taroom Trough, according to a Wednesday Australian bourse filing.</p><p>An exclusivity period was agreed upon by both parties to finalize the contract terms. The rig contract will comprise three firm wells and four optional wells.</p><p>The multi-well appraisal program is scheduled to begin in May 2026.</p><p>Its shares fell over 2% in recent trading on Wednesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2582346566","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582346566","pubTimestamp":1762923887,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Omega Oil & Gas  signed a binding letter of intent with Helmerich & Payne  Drilling for the provision of the Rig 648 for the firm's Taroom Trough appraisal program, as part of the Permian unconventional gas and liquids play in the Canyon project within Queensland's Taroom Trough, according to a Wednesday Australian bourse filing.An exclusivity period was agreed upon by both parties to finalize the contract terms. The rig contract will comprise three firm wells and four optional wells.The multi-well appraisal program is scheduled to begin in May 2026.Its shares fell over 2% in recent trading on Wednesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","BK7142":"石油与天然气的勘探与生产","OMA.AU":"Omega Oil & Gas Ltd","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"translate_title":"欧米茄石油天然气公司签署为昆士兰项目评估项目提供钻机的意向书","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":0.83,"OMA.AU":1,"XKO.AU":0.83,"XJO.AU":0.83},"content_text":"Omega Oil & Gas (ASX:OMA) signed a binding letter of intent with Helmerich & Payne (Australia) Drilling for the provision of the Rig 648 for the firm's Taroom Trough appraisal program, as part of the Permian unconventional gas and liquids play in the Canyon project within Queensland's Taroom Trough, according to a Wednesday Australian bourse filing.An exclusivity period was agreed upon by both parties to finalize the contract terms. The rig contract will comprise three firm wells and four optional wells.The multi-well appraisal program is scheduled to begin in May 2026.Its shares fell over 2% in recent trading on Wednesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}