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Omega fires up largest Taroom Trough oil and gas campaign
Omega Oil and Gas has started drilling at Canyon-3, the first well in its fully funded 2026/27 appraisal campaign in Queensland’s Taroom Trough.
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Omega launches major Taroom Trough drill program to unlock Queensland oil and gas riches
Omega Oil & Gas has mobilised the rig to begin drilling aimed at unlocking the potential of its eastern flank acreage in Queensland’s highly prospective Taroom Trough.
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H&P rig mobilizes to Omega’s Canyon-3 well in Taroom Trough
Helmerich & Payne’s FlexRig 648 began moving to Omega’s Canyon-3 well site in Queensland’s Taroom Trough, marking the start of Omega’s 2026/27 drilling and appraisal program.
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Drilling kicks off on Australia’s onshore prospects
Australian junior Omega Oil & Gas has started drilling at its keenly watched Taroom Trough project onshore Queensland, Australia.
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Taroom Trough Development Plan
Momentum is building in the Taroom Trough. The Queensland Government has committed $11.9 million in the 2026-27 Budget to support the preparation of the Taroom Trough Development Plan – one of the key initiatives under the Queensland's Fuel Security Plan aimed at strengthening the state's future fuel supply, refining and storage capabilities. Led by the Office of the Coordinator-General, the Plan is taking a whole-of-basin approach to understanding the opportunities, challenges and needs of industry and local communities to support the orderly and responsible development of one of Australia's most prospective oil and gas basins.
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MST lifts price target for Omega as major oil and gas drilling looms
MST Access has lifted its valuation for Omega Oil & Gas by 84.5% to $1.19 after it secured funding to accelerate drilling at its flagship Canyon project in Queensland’s Taroom Trough.
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7News | Taroom Trough Funding Boost
CEO and Managing Director Trevor Brown spoke to 7News regarding the operational care behind the program: wells are drilled deep underground, well below the aquifers relied on by local farmers, and water used in the stimulation process can be recycled and reused.
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WIN News | Press Conference
Speaking to WIN News, CEO and Managing Director Trevor Brown said the basin represents a tremendous opportunity for Australia: supplying gas and oil to the domestic market, building the nation's fuel security, and supporting exports that are vital for our valued partners across the Asia-Pacific.
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Crisafulli Government backs in Queensland fuel security with dedicated funding to unlock new development
The Crisafulli Government is taking another step towards strengthening fuel security, delivering $19 million in the 2026-27 Budget to support Queensland’s Fuel Security Plan to produce fuel, grow regional industries and build a stronger, more resilient economy.
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Omega cashed up to progress Taroom Trough gas play
Omega is moving into its next appraisal phase in Queensland’s Taroom Trough, fully funded and with drilling preparations underway for Canyon-3 and Canyon-4.
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Civil works underway at Omega’s Canyon Project
Omega Oil and Gas (ASX:OMA) has begun civil works at its Canyon Project in Queensland’s Taroom Trough. The project scope involves preparing well pads for Omega’s 2026/27 drilling program at mining tenements PCA 342, PCA 343, and ATP 2081.
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Omega pushing on for latest Taroom Trough drill program
Omega Oil and Gas Limited has started civil works for well-pad preparation for their 2026-27 drilling program at its Canyon Project in Queensland's TaroomTrough. Well-pad preparations have started for well locations in PCA 342, with several locations being prepared to allow for adaptation of the dynamic program as well results are received. Land access work is also being carried out for the first well locations in ATP 2081.
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