Insider Buying: Omega Oil & Gas (ASX:OMA) Insider Buys A$45,000.00 in Stock

Omega Oil & Gas Limited (ASX:OMA) insider Andrew Hackwood acquired 150,000 shares of Omega Oil & Gas stock in a transaction that occurred on Friday, October 10th. The shares were purchased at an average price of A$0.30 per share, with a total value of A$45,000.00.

Omega Oil & Gas Price Performance

The stock has a market capitalization of $127.85 million and a P/E ratio of -55.19.

Omega Oil & Gas Company Profile

Omega Oil & Gas Limited engages in the evaluation and exploration of oil and gas. It holds 100% interest in two exploration permits, Authorities to Prospect 2037 and 2038; and Petroleum Lease 17, a petroleum lease in the Surat-Bowen Basin located in South-East Queensland. The company was incorporated in 2020 and is based in Brisbane, Australia.