Omega Oil & Gas Ltd. engages in oil and gas exploration and development activities. The company is headquartered in Brisbane, Queensland. The company went IPO on 2022-10-25. The firm operates three tenements 100% in Queensland being, potential commercial areas (PCA) 342 (ATP 2037) and PCA 343 (ATP 2038). PCA 342 and PCA 343 are collectively known as the Canyon Gas Field project. The Canyon Project is a flagship project. The PCA 342 (ATP 2037) and PCA 343 (ATP 2038) are located in the Surat Basin, Queensland.