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Omega Oil and Gas Launches Its Biggest Queensland Drilling Program Yet
Omega has begun drilling at Canyon-3 in Queensland's Taroom Trough, the first well in a fully funded 2026/27 campaign that could unlock a nationally significant oil and gas.
Why it mattersIf the campaign confirms widespread reservoirs across roughly 200 square kilometres of acreage, Omega believes the area could support around 75 development wells, potentially making the Taroom Trough a significant long-term source of domestic Australian energy.
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