Omega Oil and Gas Limited announced the appointment of Mr. Trent Lockhart as Chief Financial Officer, effective immediately. Trent is an experienced Chief Financial Officer, serving as CFO for privately-owned Baralaba Coal Company Pty Ltd. ("Baralaba") from 2018 through to 2022. During this period, Trent led the recommencement of operations for Baralaba on behalf of the Company's shareholder, the US- based Liberty Mutual Group.

As a CA qualified accountant, Trent brings deep expertise in managing complex financial systems at an enterprise level whilst working with managers on translating financial and budgetary performance into manageable action plans. Trent also previously held the role of Financial Controller for Jellinbah Group Pty Ltd. During his time with Jellinbah, he managed the successful transfer of the Jellinbah Group mine from contractor to owner operation structure and to achieve critical business goals thereafter and was part of the team that grew the company from a 3.5Mtpa operation to 13Mtpa operation. This included a major capital expansion to open a second mine, and a full change management strategy.