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Omega cleans up oil royalty issue in Queensland

Paying pay US$1 million to remove historic production charge

Colin Sandell-Hay
Omega has identified positive liquids levels at Canyon.

Omega has identified positive liquids levels at Canyon. | Credits: Omega Oil & Gas

Omega Oil and Gas has completed an agreement with Canada's TAG Oil to extinguish a legacy royalty deed over future liquids production from its Queensland tenements. The Australian junior will pay TAG...

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