Article originally published by Stockhead.

Omega is on track to spud the potentially company-making two well Permian Deep Gas exploration project in southeast Queensland.

The SLB Land Rig 185, which was mobilised from the Northern Territory to Toowoomba, Queensland, during January has undergone and passed third-party inspections, to ensure it meets all necessary safety and operational standards.

It is scheduled to be mobilised to the Canyon-2 well site this week.

Omega Oil and Gas (ASX:OMA) adds that the lease pads for both the Canyon-1 and Canyon-2 wells have been completed.