Omega Oil & Gas Limited · ASX:OMA
Omega Oil & Gas — Investor Presentation (June 2026)
15 slides from Omega Oil & Gas's investor presentation, Jun 25, 2026
Slide 1: Unlocking a New Basin-Scale Play
Unlocking a New Basin-Scale Play Unlocking a New Basin-Scale Play Taroom Trough | A potential billion BOE Permian unconventional oil and gas play at the start of its lifecycle June 2026 This release has been authorised on behalf of the Omega Board. ASX:OMA | omegaoilandgas.com.au
Slide 2: Disclaimer
Disclaimer Disclaimer This document has been prepared by Omega Oil & Gas Limited ACN 644 588 787 (Omega or Company). The information The information in this presentation does not take into account the recipient’s financial status, taxation position, objectives, in this document has been prepared for
Slide 3: Changes Since April 2026 Capital Raise
Changes Since April 2026 Capital Raise April to June 2026: five developments that strengthen Omega’s investment case 1. Program Fully Funded 2. First Two Well Locations Confirmed 3. Independent Read-Through Value Imminent A$60m capital raise in April 2026 Vertical appraisal wells Canyon-3 & Canyon-4
Slide 4: Why Invest in Omega Now?
Why Invest in Omega Now? Omega is rapidly progressing an asset of internationally significant scale with multi-decade production potential A structurally short domestic gas market, long-dated LNG demand, and Strong and persistent domestic fuel shortages - energy security is driving the need for new
Slide 5: Our Strategy to Create Value and Deliver Disciplined Growth
Our Strategy to Create Value and Deliver Disciplined Growth Focused on de-risking, demonstrating scale, identifying sweet spots and delivering pilot projects 2025 Next 1-2 years Beyond – De-risk play – Play opened with Deliver Canyon-1 horizontal – Demonstrate play – Staged new flowing both oil exte
Slide 6: Activities and Results So Far
Activities and Results So Far Horizontal wells unlock the potential of the unconventional oil and gas reservoirs in the Taroom Trough – Early mover in one of the largest, onshore hydrocarbon basins in Australia Established a large, – Established a large, strategic position in the Taroom Trough strat
Slide 7: Basin-Scale Position
Basin-Scale Position Omega’s Taroom Trough Acreage Holdings Omega has a commanding position in the Taroom Trough Operator Expected 2026 Activity ⁃ At least nine wells by three different operators across the western and eastern flanks of Overview the Taroom Trough ⁃ Four vertical wells: Provides evid
Slide 8: 2026/27 Appraisal Program and Well Locations
2026/27 Appraisal Program and Well Locations Canyon-3 and Canyon-4 wells to confirm reservoir quality and continuity Fantome-1 Roma-Brisbane pipeline Canyon Project Appraisal Program Objectives: 1. De-risk play 2. Demonstrate play extent and repeatable commercial flow rates 3. Mature resources and r
Slide 9: Extensive Petroleum System Confirmed
Extensive Petroleum System Confirmed Pervasive regional hydrocarbon charge, multiple overpressured tight Permian reservoirs B ~100km from west to east B’ Basin outlines shown for scale N Bowen Basin Top of overpressure Anadarko Basin B B’ Taroom Trough 0 20 40 60 80 100 KM Key takeaways: Key takeawa
Slide 10: Canyon North Provides Increased Permian Fairway
Canyon North Provides Increased Permian Fairway 40 plus kilometers of favourable geology from Canyon Project extends northwards into adjacent acreage ATP 2081 A A’ south PCA 342 and PCA 343 ATP 2081 north 15.6km 23.7km Canyon-2 Canyon-1/1H Tasmania-1 A’ -1,000 Tasmania-1 Canyon-1H -2,000 Canyon-2 A
Slide 11: Potential for Hundreds of Millions of Barrels of Liquids
Potential for Hundreds of Millions of Barrels of Liquids Proof points already delivered – resource certification, flow rate from horizontal well and EUR modelling Canyon Project ⁃ Five regionally correlated reservoirs confirmed Top Permian ⁃ One reservoir tested with horizontal well and modelled in
Slide 12: Location Matters
Location Matters World-class resources positioned close to existing infrastructure, industry and demand centres Government facilitation – Taroom Trough Development Plan – 1 June 2026: Led by the Queensland Office of the Co-Ordinator General, a kick-off meeting was held between Taroom Trough Operator
Slide 13: 12-Month Lookahead Value Catalysts
12-Month Lookahead Value Catalysts Milestones over the next 12 months provide a clear pathway to technical validation, scalability and further re-rating Award of ATP 2081: Feb 2026 Seismic section indicates oil and gas bearing Permian sequence extend northwards from the PCA Area into the adjoining a
Slide 14: Value Upside Drivers
Value Upside Drivers Key variables that could materially increase scale and value ■■■ Proving the Play ●●● Commercial Viability ▲▲▲ Growth and Strategic Momentum Scale Productivity Non-Operated Read-Through Reservoir continuity confirmed across the acreage position Sustained commercial flow rates fr
Slide 15: Highly Experienced Board and Management Team
Highly Experienced Board and Management Team With strong financial credentials and a proven track record of delivering oil and gas development projects Corporate Overview Chair Non-Executive Director Martin Houston Quentin Flannery Share Price (24 June 2026) $0.60 Martin is a petroleum geologist wit