$$ OMOG $$ 2 neue unentdeckte Ölkracher!! Hier die Nr.1: OMOG!! - 500 Beiträge pro Seite

[SlayGrosswildjaeger]

Schnell noch rein? Oder erstmal auf die Watchlist?



Symbol: OMOG

STAMMDATEN

ISIN US67087W1045

WKN/Local ID 67087W104

Symbol OMOG.NOO

OMDA OIL & GAS INC!!!

...der wohl billigste Ölwert der Welt?!

LG SLAYPOWER

[OG_Broker]

Antwort auf Beitrag Nr.: 21.406.878 von SlayGrosswildjaeger am 02.05.06 19:28:05

Richtige Wortwahl!

Die ist nicht nur günstig sondern auch billig.

[SlayGrosswildjaeger]

[SlayGrosswildjaeger]

AKTUELL 02.05.06 01.05.06

Aktueller Kurs 0,0092 0,008

Währung USD USD

Kurszeit 19:25 21:59

Realtime

Differenz +0,0012 (+15,00%) +0,001 ( +8,11%)

Eröffnungskurs 0,0084 0,008

Tageshöchstkurs 0,0104 0,008

Tagestiefkurs 0,008 0,007

Marktkapitalisierung 1,10 Mio. 960,00 Tsd.

Letzter Schlusskurs 0,008 0,007

Schlusskurs-Datum 01.05. 28.04.

Volumen 517.197,66 102,75 Tsd.

Gehandelte Stücke 56 Mio. 12,82 Mio.

Preisfeststellungen 452 141

[SlayGrosswildjaeger]

[SlayGrosswildjaeger]

Geht mächtig ab!!! ...schön mitanzusehen!!!

Von der Seitenlinie macht es bestimmt nicht soviel Spaß!!

[calibra21]

Hi Slay, ich bin mal mit rein. Die 1 Centmarke ist geknackt. Dies sollte weiteren Auftrieb geben.

[tom2006]

#78 von tom2006 Benutzerinfo Nachricht an Benutzer Beiträge des Benutzers ausblenden 02.05.06 17:38:03 Beitrag Nr.: 21.405.174
Dieses Posting: versenden | melden | drucken | Antwort schreiben einen Beitrag nach oben
einen Beitrag nach unten

Folgende Antwort bezieht sich auf Beitrag Nr.: 21404860 von -2GOOD4YOU- am 02.05.06 17:18:21
EFCR
OMOG
TNOG

[SlayGrosswildjaeger]

Shares Outstanding 1,699,000,419

...dann haben die wohl doch schon 14 Mio Eur MK!

LG Slay

...naja, auch nicht gerade viel!

[SlayGrosswildjaeger]

http://www.omogoil.com/investori.html

[SlayGrosswildjaeger]

Antwort auf Beitrag Nr.: 21.407.657 von tom2006 am 02.05.06 20:19:32

[SlayGrosswildjaeger]

Consumer Direct of America Signs Letter of Intent With OMDA Oil & Gas, Inc.

Houston--(BUSINESS WIRE)—February 22, 2006

OMDA Oil and Gas, Inc. (OTC: OMOG) announced today that it has signed a non-binding Letter of Intent with Consumer Direct of America (OTC BB: CSUA) to sell its interest in a 1,116 Acre Fredericksburg Prospect located in Panola County, TX. Under this agreement, CSUA would acquire up to 90% of OMDA's 75% Working Interest (which translates into 56.25% of the net revenue interest) of the Panola Field Prospect. CSUA will pay OMDA Oil & Gas, Inc. one hundred and fifty thousand dollars ($150,000) in cash and the equivalent of three hundred thousand dollars ($300,000) of registered common stock for this interest. Both parties expect the agreement to be finalized promptly.

More information concerning the Panola County Lease can be found at http://www.omogoil.com/projects.html

Adam Barnett, Chairman, stated, "OMDA Oil and Gas is pleased to be entering into this agreement with Consumer Direct. I am impressed with the way that CSUA was able to grow their Shearson loan division over the last few years, as well as their recent 16 million dollar merger with Paragon Financial Corporation." Barnett further stated, "I fully believe that these types of ventures, as well as future strategic alliances with companies like CSUA, which have shown past accomplishments and successes, will prove truly beneficial to OMDA and its shareholders."

Chairman & CEO Michael A. Barron said, "We are extremely excited to be entering into this agreement with OMDA Oil and Gas, Inc. Consumer Direct of America Inc. is dedicated to becoming an asset-driven holding company in the oil and gas sectors, and we look forward to a long and profitable relationship with OMOG and its shareholders."

OMDA Oil and Gas, Inc. would also like to make a correction to its February 16th, 2006 press release. In this press release, the company stated, "OMDA currently owns a 100% working interest in this 1,116-acre horizontal play in Panola County, TX." It should be noted that OMDA currently owns a 75% Working Interest (which translates into a 56.25% of the net revenue interest) of the Panola Field Prospect in Panola County, Texas.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc. and its wholly owned subsidiaries, OMDA Oil & Gas Management, Inc. and Texas OMDA Drilling & Operating, Inc. and OMDA Oil & Gas, Inc. (Texas), are in the business of oil and gas production and lease acquisition. Currently, the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as well as a 75% working interest in an 1,116 acre, horizontal play in the Panola Field, Panola County, Texas. Current acreage interests include a Carried back-in working interest of at least 7.5% up to 37.5% in a 12 well work over play in the Concorde Dome Field in Andersen County, TX, and is currently partnered up with Young Oil Corp., the largest Oil and Gas producer in Tennessee on 46,000 acres in North Central Tennessee, with an initial 20% interest in a six well program and a first right of refusal on any other prospects on the Young leases.

About Consumer Direct of America

Consumer Direct of America is a publicly traded company (OTC BB: CSUA). The company spent the past few years acquiring and growing its wholly owned subsidiary, Shearson Home Loans, Inc. CSUA successfully grew this division to employ over 300 people, 250 of whom are residential mortgage real estate brokerage professionals who closed loan volume of over $1 billion for the year ended December 31, 2004. This entity was recently acquired by Paragon Financial Corporation in a transaction valued at $16 million.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Negotiates to Sell Panola County Lease

Houston--(BUSINESS WIRE)—February 16, 2006

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), is pleased to announce that it is negotiating with a fully reporting bulletin board company to acquire OMDA's Panola County Lease. OMDA currently owns a 100% working interest in this 1,116-acre horizontal play in Panola County, TX. This was one of OMDA's first lease purchases under new management, and it was acquired when oil and gas prices were significantly lower.

The terms of this proposed agreement may include a stock payment to OMDA, as well as a cash dividend distributed directly to the shareholders of record of OMDA Oil and Gas, Inc. Further details will be released over the next few weeks as the terms are finalized.

Adam Barnett, Chairman, stated, "OMDA Oil and Gas, Inc. looks forward to completing this transaction. I have stated many times that our company was extremely fortunate to acquire most of our assets prior to oil and gas prices making their big moves upward. We were able to purchase the Panola lease for $100,000, and we feel that this property is worth much more than that amount now based on current market valuation. Through these types of acquisitions and agreements, the company and our shareholders will reap the benefits of our asset appreciation."

More information on both OMDA's Oil and Gas projects and legal actions can be found at the Company's website, http://www.omogoil.com

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Announces Participation in 3 Well Drilling Project

Houston--(BUSINESS WIRE)—February 15, 2006

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), is pleased to announce it has entered into final negotiations with KY-Tenn Oil Inc. (KTO) to participate in a three well drilling program.

KTO has proposed drilling three 2100 ft. wells to test the Chattanooga shale formation. This active field has other potential formations producing in the Monteagle and Fort Payne zones. Upon completing the drilling and the logging of the wells, the primary target will be the Chattanooga Shale. The proposed completion of the shale will include a "sand frac" of the formation. KTO has had good results with this type of "frac" with the Chattanooga shale in an offset well. The geology of the area indicates the shale should be encountered in all three wells.

Concerning the sale of oil and gas, there are companies in place and available to purchase the hydrocarbons. Somerset Refineries is looking to purchase the oil and Citizens Gas Utility District has the gas gathering system in place to purchase the natural gas.

Adam Barnett, Chairman, stated, "OMDA Oil and Gas is extremely excited about this project and we look forward to establishing a long-term relationship with KY-Tenn Oil Inc. Based on KTO's recent 'frac' experience, we have high hopes that these three wells will prove equally successful. With KTO's vast land area of over 41,000 acres, OMDA is eager to explore future working and drilling projects with KTO in Morgan, Scott, and Fentress counties that may prove beneficial to our company." Barnett went on to say, "I look forward to sharing more details about this and recent developments on the Young Oil project in the near future."

More information on both OMDA's Oil and Gas projects and legal actions can be found at the Company's website, http://www.omogoil.com

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil & Gas Report on Results of Patroon #1 Mooringsport Initial Exploratory Well

Houston--(BUSINESS WIRE)—November 4, 2005

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), an oil and gas production company, through its Chairman, Adam Barnett, today announced the following results on the Patroon #1 initial exploratory test well on its 800 acre Patroon project. The well reached total depth penetrating the Mooringsport section of the Glen Rose formation yesterday afternoon running high to the nearby 1946 Humble Oil Pickering well. The well was electrically logged yesterday evening by Schlumberger Oilfield Services with disappointing results. The primary Mooringsport zones were identified as hydrocarbon bearing, but regrettably lacked the necessary porosity to justify a half million dollar completion attempt. The partners were looking for a minimum porosity of around 13, but only found 9 on the log. The shallower Fredericksburg zone that was encountered by mud logging earlier in the week also showed both oil and gas but appeared "wet" (too much salt water) on the log. After reviewing the log, It was the unanimous decision of the operator, two geologists, petroleum engineer, and all partner representatives on location that the well would be non-commercial and not worth further expenditures on completion. The log and other well drilling data will be further evaluated as to the affect on the balance of the 800 acres.

Adam Barnett, Chairman stated, "While I, along with the other partners are certainly disappointed in the results of this first well on this exciting prospect, the first wildcat well this company has participated in since I took over two years ago, I have nothing but praise for the professionalism of the operator, geologists and petroleum engineer, and I am proud that OMDA was given the opportunity to participate in a deal with this potential. I also look forward to participating with these individuals in future exploration plays. While this well was 'turn keyed' through logging, completion costs would have required a significant additional cash assessment from all partners. Since there is definitely identifiable oil and gas on the log, many less professional operators would have called for additional completion capital from non-operating partners and probably wasted it on a futile attempt to 'complete.' This is due to the fact that a percentage of completion costs go to the operator for his time and the operator does have a 'carried interest' in the first well." Barnett further stated, "We cannot build OMDA as a significant industry participant in this highly competitive oil and gas environment without apportioning a percentage of our budget in higher risk/reward prospects like Patroon."

Barnett went on to say, "I want to remind our shareholders what I stated in the last press release. We have been very lucky to have been able to build a significant portfolio of new oil and gas prospects before prices began to sky rocket. When added to the additional tens of millions of dollars of oil and gas assets that we are confident will be recovered in our lawsuit against former management, the future of our company could not be brighter." A final comment by Barnett, "In just the past three weeks, we have had favorable activity in all of our other prospects, as well as on the legal front. All of which I am confident that we will be able to report over the next several weeks."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil & Gas Offers Drilling Update on Its Patroon #1 Mooringsport Initial Exploratory Well

Drilling About to Penetrate Primary Target Zones

Houston--(BUSINESS WIRE)—November 2, 2005

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), an oil and gas production company, through its Chairman, Adam Barnett, today issued an update on its drilling progress. On Oct. 21, the company reported that its operator, Texas Land & Producing Co., stated that the bottom of the three anticipated Mooringsport zones at around 5,400 feet along with an extra hundred feet for logging purposes, should be reached in ten to twelve days. In an effort to keep the shareholders aware of all developments, the company feels an update is appropriate at this time. Results so far have been very encouraging. OMDA has been continuously running "high" to the 1946 Humble well. This well is described below. We have already encountered an interesting oil and gas "Show" in a shallower Fredericksburg zone. As of this morning, drilling is taking place through heavy shale at 5,090 feet and approaching the top of the first primary target Mooringsport. The first zone should be encountered sometime today with Total Depth (TD) reached some time late tomorrow. Drilling the last few days has been slower than anticipated due to hard shale requiring three "bit trips" (String was pulled to replace a dulling drill bit), and a heavier than normal 10.5 weight drilling mud. This heavier drilling mud was decided upon by the operator in anticipation of possible high pressures and gas kicks from the Fredericksburg zone around the 3800 ft. level.

Due to the fact that the Fredericksburg was encountered at 3858 ft. through 3910, the decision to "weight up" on the drilling mud now appears to have been correct. The mud logging report showed the following in the secondary Fredericksburg. "Mud WT before 10.5, mud WT during 10.3, mud weight after 10.5. Avg. gas before 25u, avg. gas during 200u, avg. after 50u, max gas 307u. Fluorescence %: 90." There is no question that there is hydrocarbon in the Fredericksburg; however, due to the heavy mud, it will not be known if it is commercial until after the primary three Mooringsport zones are reached and logged. The Fredricksburg will also be logged at this time.

About the Patroon Prospect

The initial well on this nine to ten well 800 acre lease is the Patroon #1. OMDA has a 15% working interest in this and subsequent wells on the lease. The well will be drilled to approximately 5,500 ft. This exciting lower risk 6,000 ft wildcat well is a 1,000ft. offset to a 1946 Humble Oil wildcat that was tested and for a short period of time produced from one of two Mooringsport zones. The lower zone at 5272'-5290' tested at 1.758 Million Cubic Feet of Gas per Day (cf/d) and 135 barrels of oil per day (bopd). Since the nearest gas line was a hundred miles away at that time, this zone was never produced. The next Mooringsport up the hole at 5,164'- 5192' tested at 1.204 Million cf/d and 109 bopd and was completed and produced for approximately 18 months which totaled around 15,000 barrels of oil while flaring the gas. A third Mooringsport zone was logged but never tested at the 5220-5260 ft. interval. The Humble well was subsequently abandoned due to the very low price of oil and lack of gas value in 1950. TLP acquired this acreage in 1999 when the price of oil was around $20 bbl and gas prices were around $2.00 mcf. Drilling at that time was almost non-existent in this now hot area. Should the well be successful, an additional 8-9 wells could be drilled on the existing acreage.

As mentioned in our release on Oct. 21, TLP asked us to "tight hole" or hold back a very favorable final test results until after an attempt at acquiring additional acreage was made. We already have acreage for up to nine more wells in this virtually unexplored area; however, if this well is successful, acquiring additional acreage would prove beneficial. While we have agreed to hold back actual results, a press release as to whether a decision will be made to "Set Casing" will be forthcoming. "Setting Casing" is the first step in actually "completing" the well. Due to the high additional cost of the completion process, the partners will not take this first step unless the logs show that there is a very strong probability that recoverable commercial quantities of Gas and or Oil are present. Barring any unforeseen problems, it is likely that this decision will be made some time in the next few days.

A third party Petroleum Reservoir Engineering report by TEC estimates recoverable gas reserves per 80 ac. unit of 1.226 Billion Cubic Feet, and oil of 36,000 barrels. If these estimates prove correct, Future Net Revenues could approach $18-20 million to the 8/8 ths, per 80 acre unit or as much as $180-200 million on the current 800 acres. These estimates are based on current oil and gas prices.

Detailed information on the Patroon project is available at the company's web-site at http://www.omogoil.com/projects.html. This information includes descriptions, maps, charts, old drilling logs on the Humble well and copy of the third party Reservoir Engineering report on the Patroon prospect

Adam Barnett, Chairman stated, "Needless to say, at this time, we are quite excited about this well and the potential of the field as a whole; however, it is technically classified as a 'wildcat' well with commensurate risk. While this and the other locations on this prospect could add tens of millions of dollars of value to the Company, it is just a relatively small portion of OMDA's assets. Luckily for a company of our size, as can be seen on our website, we were able to build a significant portfolio of new oil and gas prospects before prices began to sky rocket. When added to the additional tens of millions of dollars of oil and gas assets that we are confident will be recovered in our lawsuit against former management, the future of our Company could not be brighter."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil & Gas Notified of Drilling Rig Arrival on Its Shelby Co. Texas Patroon Natural Gas Prospect


Houston--(BUSINESS WIRE)—October 21, 2005

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), an oil and gas production company, through its Chairman, Adam Barnett, was notified today by its operator, Texas Land and Producing Co, (TLP) that its long awaited drilling rig and contractor, Fran Drilling, has arrived on location to begin drilling its approximate 6,000 foot initial test on its Patroon natural gas prospect in Shelby County Texas. This initial well on the nine to ten well 800-acre lease is the Patroon #1. OMDA has a 15% working interest in this well and all subsequent wells on the lease. The well will be drilled to approximately 6,000 ft and is expected to take a day to "Rig Up" and 12 to 14 days to reach total depth and to be logged. Surface casing will be set to approximately 1,600 ft. at which time mud logging will begin. While the primary target zone is the Mooringsport which is expected to be found between the 5,000 to 5,500 foot level, the mud logging will be used to sample a few secondary zones.

This exciting lower risk 6,000 ft wildcat well is a 1,000ft. offset to a 1946 Humble Oil wildcat that was tested and for a short period of time produced from one of two Mooringsport zones. The lower zone at 5272'-5290' tested at 1.758 million cubic feet of gas per day (cf/d) and 135 barrels of oil per day (bopd). Since the nearest gas line was a hundred miles away at that time, this zone was never produced. The next Mooringsport up the hole at 5,164'-5192' tested at 1.204 million cf/d and 109 bopd and was completed and produced for approximately 18 months and totaled around 15,000 barrels of oil while flaring the gas. The Humble well was subsequently abandoned due to the very low price of oil and lack of gas value in 1950. TLP acquired this acreage in 1999 when the price of oil was around $20 bbl and gas prices were around $2.00 mcf. Drilling at that time was almost non-existent in this now hot area. If this well proves to be successful, 8-9 additional wells could be drilled on the existing acreage. TLP has informed the company that if this well comes in as hoped for, it is likely that testing results will be "tight holed" for a few weeks as additional acreage is acquired.

A third party Petroleum Reservoir Engineering report by TEC estimates recoverable gas reserves per 80 ac. unit of 1.226 Billion Cubic Feet and oil reserves of 36,000 barrels. If these estimates prove correct, future net revenues could approach $18-20 million to the 8/8 ths, per 80 acre unit or as much as $180-200 million on the current 800 acres. These estimates are based on current oil and gas prices.

Detailed information on the Patroon project including descriptions, maps, charts, old drilling logs on the Humble well and a copy of the third party reservoir engineering report can be found on the company's website at http://www.omogoil.com/projects.html.

Adam Barnett, Chairman, stated, "After what seems like an eternity to get a rig on this location, I could not be happier to see us begin drilling this potentially huge primarily natural gas well. The timing could not be more perfect since natural gas prices have more than doubled over the past few months and are now approaching record highs of $14 mcf. While the cost to OMDA to drill this well is not cheap and there are some risks involved in this project, the risk/reward ratio has become almost astounding due to the current price of Oil and Gas."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Announces Commercial Completion of Second Tennessee Natural Gas Well


Houston--(BUSINESS WIRE)—October 5, 2005

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), an oil and gas production company, through its Chairman, Adam Barnett, announces an update on its Young Oil Project. The operator has informed the company that the Gernt Estates number 16, the second of three recently drilled wells, has been tested and dually completed in the Fort Payne and Monteagle formations. These are the traditional zones in the area. As with the Gernt number 15 announced last week, this well is also being stubbed into the transport line and is expected to begin production by the end of this week. This well, unlike the Gernt number 15, is wet with oil mist. This oil mist indicates that conventional open flow testing would not give meaningful results. This well; however, does have considerably more shut-in pressure than the number 15 well. It also possesses similar thickness to the Monteagle and Fort Payne formations. The number 16 re-pressurizes faster than the number 15; therefore Young is confident that it will exceed initial recovery rates of the number 15 after the well is cleaned-up and in production for a few weeks. For the sake of clarity, the company states that the oil in this well is only a small mist. This is of little concern, due the fact that this is a natural gas well and not an oil well. OMDA expects to be able to announce the actual production levels from this well after it has flowed for a few weeks.

A short video of this well can be viewed on the company's website at http://www.omogoil.com/investori.html . You may view this video by clicking on the ``Young Oil Venture Video'' link.

As in the case of the number 15 well, engineering reports estimate ultimate recoverable reserves of 250 million cf from each well. Natural gas wells in this area tend to be very long lived with some producing over 20 years. If the well just maintains this level and does not show an increase, OMOG should receive its initial investment back on its 20% interest (15% net) in approximately eight months with an additional five to seven times return on investment over the life of the well. These estimates are based on current natural gas prices.

As mentioned in our Sept. 30th announcement, this is the second of three gas wells. All three have now been drilled to total depth in this initial program with Young. This well contains a large section of natural gas bearing shale. As mentioned in the number 15 release, completions in the shale require a more aggressive ``fracing'' technique. This technique carries an additional cost beyond the original ``turnkey'' arrangement. Young and others have only recently begun experimenting with shale completions in other area wells, but they have reported very encouraging preliminary results. Due to the large thickness of the shale, it is very likely that a completion attempt will be made on this well; however, no firm decision has been made at this time. The last of the three wells is set for acidizing this week and should be tested next week. Results will be announced as soon as they are available.

Adam Barnett, Chairman, stated, ``I am happy to see that we are now getting such favorable results from our Young Oil project. This is truly an exciting time in the history of OMDA, especially with natural gas prices continuing to rise. I am most pleased with these well's prospective rate of production. With just one well having the ability to cover our initial investment, I feel that the Young Oil Project holds vast potential for our company and our shareholders. I am anxious for the well to be connected to the transport line and to begin production this week. I believe this will signify OMDA's transformation from just a holding company with land-leases to a company with viable producing wells. It has been a long haul for our shareholders with many frustrating delays and I appreciate their patience. I am eager to share all updates with our investors and will continue to announce them through press releases and our weekly newsletters.''

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Announces Completion Attempt Underway on Natural Gas Wells
Also Provides Update on Patroon

Houston--(BUSINESS WIRE)—September 30, 2005

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), an oil and gas production company, through its Chairman, Adam Barnett, announces an update on its Young Oil Project. The operator has informed the company that the Gernt Estates #15 well has been tested and dually completed in the Fort Payne and Monteagle formations. These are the traditional zones in the area. The well is now being stubbed into the transport line and is expected to begin producing at an initial daily rate of 40 mcf in the next few days. Based on historical information about this area and thickness of the pay zones, Young expects this rate to initially increase as the well ``cleans'' itself by producing. They also expect ultimate recoverable reserves of 250 million cf from this well alone. Natural gas wells in this area tend to be very long lived with some producing over 20 years. If the well just maintains this level and does not show an increase, OMOG should receive its initial investment back on its 20% interest (15% net) in some eight months with an additional five to seven times return on investment over the life of the well. These estimates are based on current natural gas prices.

As mentioned in our Sept. 7th announcement, this was the first of three gas wells drilled and awaiting completion with Young in this first phase. Two of the three wells also have large sections of Natural Gas bearing shale. The Gernt Estates #15 is one of those two wells. Completions in the shale require a more aggressive ``fracing'' technique, which carries an additional cost beyond the original ``turnkey'' arrangement. Young and others have only recently begun experimenting with shale completions in other area wells, but they have reported very encouraging preliminary results. Due to the large thickness of the shale, it is very likely that a completion attempt will be made on this well; however, no firm decision has been made at this time. Should shale completions be successful, then a significant increase in both daily production and recoverable reserves would be expected. The second well is scheduled to be tested next week. The last remaining well will be stimulated next week and tested the following week. Results will be announced when they are received.

Patroon, Shelby County TX Update
Prior to Hurricane Rita's arrival last week, OMDA was notified by Texas Land & Producing (TLP) that its long awaited date for rig arrival on this exciting natural gas prospect was about to come to an end. At that time, OMDA was informed that the rig was to be ``Over Hole'' by this weekend; however, the eye path of Rita went straight through the western counties of Texas including Shelby County. Trees and power lines are down throughout the area. Due to the heavily wooded nature of the area, power may remain out for another month in most of these counties. TLP has informed management that outside power is not required to drill the well; however, access to the area and crew availability would delay the spud date, but for no more than two weeks. TLP is planning to survey the area today and will report their findings to us as soon as possible. OMDA will announce these findings, along with the new expected spud date, next week either in a press release or in the company's weekly newsletter. These weekly newsletters can be accessed on the company website at http://www.omogoil.com .

Adam Barnett, Chairman of OMDA Oil & Gas, stated, ``I know the seemingly endless drilling and production delays have frustrated us all, but with the successful completion of this first Young well and imminent spudding of Patroon, it now appears our patience will be greatly rewarded. When we first committed and paid for our participation in these known natural gas prospects, the price of natural gas was in the $6-7 per mcf range. As of the close yesterday, the price of natural gas has more than doubled to $14.20 btu (mcf) and $15.00 btu (mcf) on the November and January contracts respectively.'' Barnett went on to say, ``Regarding the Young deal, management was able to negotiate a written right of first refusal on any prospects in Young's inventory of over 46,000 acres. Much of this acreage is natural gas in nature. It is unlikely that Young would have granted us this right of refusal to ''cherry pick`` prospects had they known that the price of natural gas would have advanced anywhere near the current level. Rest assured that management will aggressively pursue our ''Rights`` in these gas prone areas, which represent billions of cubic feet of low risk and pipeline accessible shallow natural gas.''

Barnett further stated, ``I want to give a reminder to our shareholders about the potential in our Patroon project. As can be seen by reviewing the extensive Patroon material on the Company website, this is also primarily a natural gas play. We currently own a paid up 15% interest in the first of some 9-10 prospective wells on this 800 acre play. TEC Engineering Group, Inc., a third party petroleum reservoir engineering company, estimates recoverable gas reserves per 80 ac. unit of 1.226 billion cubic feet in this area. It also estimates the oil reserves at 36,000 barrels. These numbers, based on current prices, would equate to over $20 million gross per well.''

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Announces Completion Attempt Underway on Natural Gas Wells
Also Provides Update on Potential Oil and Gas Joint Ventures

Houston--(BUSINESS WIRE)—September 7, 2005

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), an oil and gas production company announces, as anticipated in yesterday's newsletter, that the service and completion rig and crew have now arrived on location at the Young Oil Project in Tennessee. This rig and crew will begin operations this week on the first three drilled and logged gas wells. Results from analysis of ``cuttings'' during drilling and subsequent electronic logging have indicated commercial quantities of natural gas in up to three zones in two of the wells and two zones in the third well. The common zones in all three are the Fort Payne and the Monteagle. The logs indicate that there is a combined excess of 40 feet of primary pay thickness in each well. Completion attempts in these two zones will be conducted in the traditional manner, which will involve cleaning and stimulating the wells with acid, testing the wells, and ultimately tying them into the recently completed area pipeline. Additionally, two of the wells show large sections of a natural gas-bearing shale. This type of shale would historically indicate a ``tight'' non-commercial zone; however, due to high natural gas prices, these types of zones have recently proven successful and have been commercially exploited using relatively expensive modern ``fracing'' techniques. Once the Fort Payne and Monteagle are fully tested, the partners are considering completion attempts in the immensely thick shale layer of the wells.

It is currently anticipated that the rig and crew will stimulate and attempt completion in the two primary zones of each of the three wells. This process will be completed over the next week to 10 days. As each well is completed, results will be published either in the company's weekly newsletter or by press release. More information about the 46,000-acre Young Oil Project including pictures and videos can be found on the Company website in both the ``Projects'' and ``Investor Information'' sections. The web address is http://www.omogoil.com.

The company also announces a preliminary joint venture update. The company is actively pursuing additional joint venture opportunities with several oil and gas companies in the United States and Canada. OMDA Oil and Gas has spent the past several months in meetings and negotiations bringing these potential partnerships to near fruition. These joint ventures will include partnerships in producing and non-producing wells. OMDA will also have right of first refusal on some of these companies' top prospects, as well as any subsequent acreage that may be added at a later date.

Adam Barnett, chairman of OMDA Oil and Gas, stated, ``With the completion rigs at the Young Oil well sites and with the huge potential of our other projects, I could not be more excited about OMDA's future. I believe that some of OMDA's most exciting current projects center around their heavy natural gas exposure. These include the above-mentioned Young Oil Project, as well as our extremely exciting Patroon prospect. Patroon's third party Reservoir Engineering Reserve reports indicate that 80 percent% of the massive potentially recoverable reserves are gas. We are scheduled to begin drilling the Patroon project over the next few weeks. Natural gas prospects have been considered almost the industry's 'step child' in regards to investor thinking. This attitude is rapidly changing; however, as importing natural gas from places such as the Mid-East grows more and more expensive. It is also important to understand the potential of gas prices in the face of impending shortages due to the fact that there is no natural gas equivalent of the 'Strategic Petroleum Reserve.' These price rises can currently be witnessed by the recent anomaly of a reversal of BTU equivalent pricing of natural gas versus oil. Oil has historically traded as high as a 30 percent premium to natural gas using the traditional 6,000 BTU of gas to one barrel of oil formula. At the current pricing of $12 per thousand BTU (or MCF approximate equivalent), gas is now valued at $72 per barrel of oil equivalent.''

Barnett went on to say, ``As I have stated many times, we can not become complacent. We must always explore other deals and investigate possible joint ventures. The management teams of the prospective joint ventures mentioned above have already shown bold interest in working with OMDA on some of our current projects. We are also enthusiastic about participating in these companies' endeavors, which could include several producing wells in the Texas area.'' Barnett added, ``I believe the time-line for the launch of at least one of these joint ventures could be as soon as late next month. We are currently performing the necessary due diligence concerning their current and future projects, while allowing them to fully understand the vast opportunity here at OMDA. We are very excited about diversifying our revenue streams and harvesting these untapped oil and gas opportunities. Even though these partnerships are in the preliminary stages, I felt it important to share their progress with our shareholders. It is important to understand that OMDA is consistently searching for beneficial and profitable projects, and we believe that these opportunities, combined with our own projects, will make the next few months the most exciting and productive in the company's history.''

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Gives Drilling and Prospect Update
Also Introduces New Company Shareholder Awareness Program

Houston--(BUSINESS WIRE)—August 26, 2005

OMDA Oil and Gas, Inc. (OTC.PK:OMOG), an oil and gas production company, through its Chairman, Adam Barnett, presents the latest drilling and prospect update to shareholders and potential shareholders. Additionally, the company announces the full implementation of its shareholder awareness program. This program includes quarterly letters from the Chairman, drilling project updates, legal updates with filings and other information regarding the multi-million-dollar lawsuit against prior management, as well as a weekly newsletter keeping shareholders and others current on all important matters. These weekly newsletters include timely information regarding shareholder questions, drilling updates, and stock information. Every issue also publishes the total outstanding shares of the company stock and the name and phone number of the transfer agent. The Company encourages all shareholders and prospective shareholders to visit the company website to view the archives of all past letters, issues and filings. The Company also encourages all interested parties to subscribe to the company's e-mail alerts at http://www.omogoil.com .

Adam Barnett, Chairman of OMDA Oil & Gas, stated, ``With oil now reaching record highs of over $67 a barrel, natural gas exceeding $10 per thousand cubic foot, and competition for prime drilling acreage at record levels, I believe that OMDA Oil and Gas is in an excellent position to fully capitalize on the situation. To give a clear report on the state of the company, I offer the following updates.''

Drilling Update and Prospects

OMDA is extremely confident, as can be seen by documentation on the legal link of the company's website, that it will prevail in its litigation against the company's former officers and directors. A successful legal battle could add in excess of 350 primarily stripper type wells and as much as $36 million in damages. We have already begun to reap rewards from these legal pursuits as exemplified by our recovery of the Concord Dome Project. Even without these legal proceedings, OMDA's past financing and investment activities has positioned the company ahead of many other emerging exploration and production entities. Many of these other companies do not have the funding or resources that we currently possess even though they may have higher market caps.

One of the major challenges facing emerging producers today is the need to acquire a diversified portfolio of prime drilling prospects even though the cost of these prospects continues to skyrocket. While other small independent oil companies are focused on small projects with single well participation, OMDA currently owns and/or participates in the following:

1) A Joint Venture with Young Oil (YJV), the largest producer in Tennessee. Over the past few weeks, the YJV appears to have discovered three multi-zone natural gas wells. These wells have been drilled, logged and temporarily shut in while awaiting an acidizing and testing crew early next week. Flow results will be reported at that time. A gas pipeline for these wells was completed last week and upon successful completion, sales will begin immediately. OMDA has a fully paid 20% interest in these three wells, and has a right of first refusal to participate in all future wells in Young's 46,000-acre lease inventory.

2) Patroon Prospect, Shelby County TX. OMDA has a paid up 15% turnkey interest in this 800-acre Joint Venture with Texas Land & Production Company (TLP). This exciting lower risk 6,000 ft wildcat well is an offset to a 1946 Humble Oil wildcat that was tested in two Mooringsport zones. The lower zone at 5272'-5290' tested at 1,758 mcf/d and 135 barrels of oil per day. Since the nearest gas line was a hundred miles away at that time, this zone was never produced. The next Mooringsport up the hole at 5,164'-5192' tested at 1,204 mcf/d and 109 bopd and was completed and produced for approximately 18 months, totaling around 15,000 barrels of oil while flaring the gas. The well was subsequently abandoned due to the very low price of oil and lack of gas value in 1950. TLP acquired this acreage in 1999 when the price of oil was around $20 bbl and gas prices were around $2.00 mcf. Drilling at that time was almost non-existent in this now hot area. Should the well be successful, an additional 8-9 wells could be drilled on the existing acreage. TLP has informed us that they are negotiating for an acreage swap to double the size of this lease to 1,600 acres. A Third party Petroleum Reservoir Engineering report by TEC estimates recoverable gas reserves per 80 ac. unit of 1.226 Billion Cubic Feet, and oil of 36,000 barrels. If these estimates prove correct, Future Net Revenues could approach $20 million to the 8/8 ths, per 80 acres. These estimates are based on current oil and gas prices.

The drilling permits on this lease have been pulled and site preparation is now complete. The site was recently approved by the drilling contractor: Fran Drilling, Inc. While spudding of this well was originally intended to be several months ago, high demand for rigs and contractors has caused frustrating delays throughout the industry. We have been assured by the contractor that we are next in the queue after his current drilling project. We expect to see this well spudded in the next few weeks. It will then take two additional weeks to drill and test.

3) Concord Dome. Andersen County TX. This 12-well re-completion play was earned by OMDA as a partial settlement of the above mentioned lawsuit. Depending on the outcome of this lawsuit, OMDA will own a fully carried (paid) interest between a minimum of 7.5% and a maximum of 37.5%. To date, over $1.2 million has been spent by the settling partners. The managing partner has reported to OMDA that he estimates that 1.1 million barrels of recoverable oil is still in place. Also, this settlement gives OMDA a right of first refusal to participate, up to 37.5%, in all new offset locations in addition to the original 12 wells. This right is guaranteed regardless of the outcome of our legal proceedings. Within the next week to ten days, the managing partner will be releasing a full update and anticipated production schedule.

4) Panola Fredericksburg Lease, Panola Count, TX. OMDA currently owns a 100% paying interest and a 75% working interest in this exciting 1,113-acre horizontal Fredericksburg play. This was OMDA's first lease acquisition, which was acquired when oil was at half its current price. Due to the high cost ($8 to $10 million) to develop this play, we have been patiently waiting as its value mounts. Based on outside interest in this play, it is likely that OMDA will farm out this project and retain a carried interest.

Adam Barnett stated, ``I want to apologize for the length of this press release, but as you read in our most recent weekly newsletter, I am not one for just putting out insignificant news releases. I felt it was truly important to inform the public of all details regarding our most recent activities.'' Chairman Barnett went on to say, ``I cannot thank our loyal shareholders enough for the patience that they have exhibited during these last two years. Transforming OMDA into a transparent, reputable, and growing company has been a long and arduous task, but I believe we will be rewarded in the future for all this hard work. With the above mentioned paid up projects, effectively no debt, and an excellent chance of a major recovery from our Lawsuit, the future of our company could not be brighter.''



About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Adds Law Firm, Files Amended Petition in Multi-Million Dollar Lawsuit Against Former Management and Gives Operational Update

Houston--(BUSINESS WIRE)—July 6, 2005

OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced that on advice of Corporate Counsel Martin Nathan, the Law Firm of Zimmerman, Axelrad, Meyer, Stern & Wise has been engaged as lead counsel in the suit originally filed by the Company on March 29th 2005, against former Management and other affiliated parties. The Company is seeking return of assets plus actual damages in the amount of at least $36.5 million and Exemplary damages and Declaratory Judgment. Primary assets the Company is seeking return of include, but are not limited to: OMDA Oil & Gas Management, Inc., OMDA Oil & Gas Services, Inc. and SHWJ Oil and Gas. Current OMDA Management is seeking any and all converted or misappropriated assets along with appropriate damages to be returned to the rightful hands of OMOG shareholders.

Adam Barnett stated, "Our counsel has done an unbelievable job of unraveling the web of deception it appears that former management has woven with the millions of dollars of viable oil and gas assets that have passed through OMDA during their tenure. With the continuously increasing price of oil and gas, the value of these assets has increased significantly and justify the increased cost of engaging the highly respected Zimmerman, Axelrad firm, well-known for its expertise in litigation of issues similar to those involved here, which in turn will hopefully expedite the favorable outcome I feel the shareholders deserve. Nathan will continue to assist in the discovery phase of the litigation, but will be able to devote more time and attention to OMDA's drilling projects and prospective acquisitions." Barnett went on to say, "I strongly recommend any shareholder or prospective shareholder to spend some time looking at the filings on our legal update section of our website, particularly this most recent filing. It should demonstrate how strong a case we really have in repatriating what we believe could be tens of millions of dollars of assets as well as cash damages."

On July 1, 2005 a Second Amended Petition was filed by Zimmerman Axelrad on behalf of OMDA in the District Court Of Harris County, Texas, 215th Judicial District. Cause No. 2005-23020, captioned Omda Oil And Gas, Inc., Plaintiff vs. Joe Lanza, Morgan Wilbur, III, And Richard I Michael, Trustee of "007 Trust", Monte Anderson, Tom Neely And David Taylor, Defendants. A copy of this newly filed petition along with the previously filed petitions and a copy of the executed trust agreement establishing ownership by OMDA of the three above mentioned companies can be found at OMDA's website at http://www.omogoil.com/legal_updates.html

Adam Barnett, Chairman, stated, "While there is no guarantee that the Glireath #1 will be a commercial producer, the reports I have received from Young are quite encouraging. It is a pleasure to work with an operator that can 'get down to business' so quickly."

Operational Update on Active Properties

Young Oil Project (20% Working Interest) -- The first two wells have been drilled to total depth. A third well going specifically after natural gas was preparing to be "spudded" last week when a problem with the rig developed. The operator informed us that the rig should be operational some time today with total depth reached later in the week. After a two week delay in getting an acidizing crew on location, the Gilreath No. 1, which was the first well drilled with good oil shows, is now still being swabbed. Results should be available shortly. The Second well, the Pryor No. 1, while showing oil does not appear commercial and will probably be plugged. With these developments, and barring any further delays, the balance of the six wells are now projected to be drilled over the next three to four weeks.

Patroon Prospect (15% Working Interest) -- The operator has informed the company that site preparation is being completed, and barring any unforeseen circumstances the rig is scheduled to be on location by the third week of July. This well is a deeper 6,000 ft. lower risk wildcat which should take around ten days to reach total depth. If successful, the company has as many as nine additional offset locations.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[tom2006]

typischer slay-thread
bin weg

[SlayGrosswildjaeger]

Antwort auf Beitrag Nr.: 21.408.419 von tom2006 am 02.05.06 20:59:50

Ich packe halt erstmal die News rein, die ich finden kann! Schlimm?

Danach können wir ruhig diskutieren über den Wert!

Wo siehst Du die faire Bewertung bzw das Potenzial der Firma?

Bist ja investiert, wo ist Dein Kursziel auf 12 Monatssicht?

Lg SLAY

[SlayGrosswildjaeger]

...und weiter geht`s!

OMDA Oil and Gas, Inc. Gives Update on First Well in 46,000 Acre, Shallow Oil & Gas Play

Houston--(BUSINESS WIRE)—June 13 2005

Strong Oil Shows Lead to Completion Attempt

OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced today encouraging results upon reaching total depth of 1,800 ft in the Gilreath #1, the first attempt in its long term development Oil & Gas play with Young Oil Corp of Knob Lick, KY. The well has been temporarily capped and the drilling rig has been moved off. A crew should be moved in this week to stimulate, test and hopefully complete the well as a commercial producer. Young Oil Corp, the Operator, has informed the Company with the following: "The Gilreath #1 has been drilled to a total vertical depth of 1800'. There were good oil shows in the Sunnybrook formation at 910' and in the first break of the Knox formation at 1760'. After drilling was completed and let stand 8 hrs, there was 122' of free oil standing in the bore hole." Wells in this area normally require stimulation, or at least acidizing, before any significant oil starts showing in the bore hole. The fact that this well has such a large un-stimulated oil column is an extremely encouraging sign that it should be a commercial success. Final results should be known in the next several days and will be reported at that time. Also at that time, we should be able to give an update on our second well, the Pryor #1.

The 46,000 acres that Young has under lease are located in North Central Tennessee in Overton, Pickett, Fentress, Morgan, Scott and Clay counties. OMDA, through its OMDA Oil & Gas, Inc. (Texas) subsidiary has purchased a 20% Gross (15% net) working interest in the first six wells under the agreement and has a "First right of refusal" to participate in both Oil & Gas wells to be drilled on the balance of the 46,000 acres. While covering multiple zones, virtually all the production in this area comes from zones shallower than 2,000 ft.

As mentioned above, drilling operations have already commenced. All six wells are expected to be drilled over the next 30 days testing multiple zones to depths up to 2,000 ft, with successful wells to be completed shortly thereafter. OMDA will provide updates either by press releases, or on the company website at the following address: http://www.omogoil.com/projects.html . Also at this web location, the Company has posted additional information on this play.

Adam Barnett, Chairman, stated, "While there is no guarantee that the Glireath #1 will be a commercial producer, the reports I have received from Young are quite encouraging. It is a pleasure to work with an operator that can 'get down to business' so quickly."

For a Patroon update Barnett said, "The operator at Texas Land & Petroleum has informed me that an agreement was reached last week with the surface owner, International Paper Co., to allow surface preparation to commence. We expect timber removal, road and site preparation to begin this week, and a drilling rig to be moved on shortly after site preparation is completed."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations, 800-621-0113
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Executes Agreement to Participate in 46,000 Acre, Shallow Oil & Gas Play

Houston--(BUSINESS WIRE)—June 7, 2005

Drilling Operations Have Commenced on First Six Wells

OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced today that OMDA has entered into a long term development Oil & Gas play with Young Oil Corp of Knob Lick, KY. The 46,000 acres that Young has under lease are located in North Central Tennessee in Overton, Pickett, Fentress, Morgan, Scott and Clay counties. OMDA, through its OMDA Oil & Gas, Inc. (Texas) subsidiary has purchased a 20% Gross (15% net) working interest in the first six wells under the agreement and has a "First right of refusal" to participate in both Oil & Gas wells to be drilled on the balance of the 46,000. While covering multiple zones, virtually all the production in this area comes from zones shallower than 2,000 ft.

As mentioned above, drilling operations have already commenced. All six wells are expected to be drilled over the next 30 days testing multiple zones to depths up to 2,000 ft , with successful wells to be completed shortly thereafter. OMDA will provide updates either by press releases, or on the company website at the this web address: http://www.omogoil.com/projects.html. Also at this location, the Company has posted additional information on this play.

Adam Barnett, Chairman stated. "I could not be more excited about the long term relationship just inked between your Company and Young Oil. The potential wells to be drilled over the 46,000 acres numbers in the several thousands. Young owns its own rigs and crews so rig delays should be uncommon. We look forward to a long and lucrative relationship for both companies. Barnett went on to say, "This is now the fourth new deal your company has entered into in the last seven months. And third in the past two months. I want our shareholders to understand that your company, while exuberant over the prospects of winning a major award in our Lawsuit against old management, has no intentions of just sitting back and waiting for that outcome. I stated several months ago that it was our goal to build a significant presence as an Oil & Gas producer. Hopefully bringing on projects as we have these last few months, along with expected drilling successes, will begin to resonate in the investment community."

Chris Jeffries of Young Oil said, "We here at Young Oil Corporation are very excited about the newly forged relationship between OMDA and Young Oil Corp. This area of the Appalachian Basin is proving to be one of the final great frontiers of domestic oil and gas production. We are fortunate to have development partners such as Mr. Barnett and OMDA. We look forward to a long and profitable relationship for all."

About Young Oil Corp.

Privately owned Young Oil Corp. is the leading producer and most successful drilling operator in the Appalachian Basin, it is also the largest producer of crude oil in Tennessee by almost twice over the next largest producer. Anthony Young, CEO has been honored as Tennessee Oil Man of the Year, and Mike Branstetter, of Young Oil Corp has recently been elected to the Board of Directors of the Tennessee Oil & Gas Association (TOGA). Along with hundreds of other success, last September, Young brought in one of the largest wells ever in Tennessee. The Lucy Newberry #11, located seven miles NE of Livingston TN, almost had a blow out. Initially Young Oil let it flow at 700 barrels per day choked back through the "blow out preventor" and then through three lines, open flowed at 72 barrels per hour, or approximately 1,728 barrels per day from the Trenton formation. The well was choked back to 200 BOD and from September through December TOGA reports for last year show cumulative production for this well at just under 24,000 barrels. While this well is certainly an anomaly, 80-100 barrel a day oil wells are not uncommon and average wells of 20-30 barrels of oil and gas wells of 70-90mcf per day could be expected. Young's overall success ratio in these fields run about 80%.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. and Subsidiaries File Amended Pleadings in Multi-Million Dollar Fraud Lawsuit against Former Management

Houston--(BUSINESS WIRE)—June 2, 2005

Scope and Damages Increase Dramatically

OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced today that it has approved and had filed an amended pleading to the initial suit filed on March 29th 2005, seeking Declaratory Judgment in The District Court Of Harris County, Texas, 215 Judicial District. Cause No. 2005-23020, captioned Omda Oil And Gas, Inc.; Omda Oil And Gas Management, Inc. and Omda Oil And Gas Services, Inc. Plaintiffs Vs. Joe Lanza, Morgan Wilbur, III, And Richard I Michael, Trustee Of "007 Trust", Monte Anderson, Tom Neely And David Taylor, Defendants.

During the ensuing two months, though depositions have not yet begun, Plaintiffs have obtained evidence proving fraud, conversion and misappropriation of their assets and determined that it was prudent to immediately amend pleadings. PLAINTIFFS’ FIRST AMENDED COMPLAINT FOR BREACH OF FIDUCIARY DUTY, CANCELLATION OF INSTRUMENTS, CONSPIRACY, CONVERSION, EMBEZZLEMENT, FRAUD, MISAPPLICATION OF FUNDS, MISREPRESENTATION, NEGLIGENCE, NEGLIGENT MISREPRESENTATION, SECURITIES FRAUD, THEFT, THEFT OF CORPORATE OPPORTUNITY, TORTIOUS INTERFERENCE WITH CONTRACT, UNJUST ENRICHMENT, CLAIM TO INTERPLEADER, AND DECLARATORY JUDGMENT was filed on Friday, May 27, 2005.

The Company is seeking return of assets plus actual damages in the amount of at least Thirty Six Million Five Hundred Thirty Thousand Two Hundred Sixty One Dollars and 10/100 cents ($36,530,261.10)) and Exemplary damages and Declaratory Judgment that Omda Oil and Gas, Inc., is the sole shareholder of Omda Oil And Gas Management, Inc., Omda Oil And Gas Services, Inc., and SHWJ Oil And Gas Co., Inc., each a Texas Corporation; and, Declaratory Judgment that Plaintiff, Omda Oil and Gas, Inc., either directly or by and through its wholly owned subsidiary, Omda Oil And Gas Management, Inc., is the owner of those certain 314 leases set forth on the Consolidated Financial Statement submitted to Barnett on or about July 9, 2003.

Complete copies of both the initial filing and amended pleadings can be found on the company website located at. http://www.omogoil.com/legal_updates.html

Adam Barnett stated, "As many know, I took control of OMDA some 20 months ago on an unfriendly basis by buying over 50% of the then outstanding shares. For these many months I have been trying to get all the records of OMDA from prior management. Most of my requests were met with worthless promises of 'they are being assembled" or some such response or excuse why they could not be delivered. In the meantime, particularly in earlier months, I kept receiving and paying bills that numbered into the hundreds of thousands of dollars that prior management mandated need be paid to maintain the vast amount of properties that prior management had disclosed to shareholders as being owned by OMDA. Late last year it became apparent that while these properties were owned and controlled by OMDA when prior management was at the helm, many of these properties may have been illegally converted for prior managements personal benefit."

Barnett went on to say, "Once it started to become apparent to me that these wrongful and probably illegal activities may have occurred, I engaged an attorney with proven investigative experience to confirm or belay my suspicions. As the investigation proceeded, as can be seen by the differences between our original pleadings and the recent amended pleading, many layers of clear corruption started to appear. The settlement which we received last week over the Concord Dome property is a direct result of the information that he obtained."

Barnett concluded by saying, "While current Management has and will continue to build on our own new asset and opportunity base, we are also prepared to prosecute past injustices to all OMDA shareholders to the fullest extent of the law, and return to the shareholders what is rightfully theirs."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Reports That Drilling Permit Has Been Issued on Initial 6,000 Ft. Test Well on 800 Acre Patroon Prospect

Houston--(BUSINESS WIRE)—May 27,2005

OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced today announced today that it has received notice from the well operator, Texas Land & Petroleum Company (TLPC), that the Texas Railroad Commission (TRRC) has issued a Drilling Permit for the initial test well on an 81 acre unit of the 800+ acre prospect. A copy of the plat map and drilling permit has been posted on the OMDA website located at http://www.omogoil.com/projects.html." target="_blank" rel="nofollow ugc noopener">http://www.omogoil.com/projects.html. The TRRC is the Texas State Agency that oversees all Oil and Gas Production in Texas. Now that the drilling permit has been received, TLPC will meet with the surface rights owner, International Paper Company as to the disposition of its trees on this heavily wooded location as we prepare the roads and location. It is anticipated that this will take approximately two weeks after which the pits will be dug in final preparation for moving in the actual drilling rig. If no problems are encountered, either by TLPC or the Rig Owner, drilling should commence by the end of June and take approximately 10-12 days to reach testing depth.

On April 26, OMDA signed a Participation Agreement with Texas Land & Petroleum Company, LLC, of Wylie, TX to acquire a 15% working interest in their Patroon Field Prospect, Mooringsport test, Shelby County Texas (James Rowe, Abstract 585). The following was reported in a PR that day, "While not a wildcat per se as no wells have been drilled directly on the lease, the prospect is up-dip to a Northeast, Southwest fault line and directly offsets a well that was drilled and completed in 1948 by Humble Oil. The Humble #1-C Pickering well was tested in two of three Upper Glen Rose/Mooringsport zones totaling 60' of pay, and completed in one with 28' of pay. The lower zone at 5272'-5290 test at 1,758 mcf/d and 135 barrels of oil per day (bopd). Since the nearest gas line was a hundred miles away at that time, this zone was never produced. The next Mooringsport up the hole at 5,164'-5192' tested at 1,204 mcf/d and 109 bopd and was completed and produced for approximately 18 months, totaling around 15,000 barrels of oil while flaring the gas. The well was subsequently abandoned due to the very low price of oil and lack of gas value in 1950."

At the time OMDA published the above, it was anticipated to take the well down to the 5,300 ft. level and just test the three Mooringsport levels. However, after further discussion with the Geologist and Petroleum Engineer, the Partners in the well are now considering taking the hole down to the 6,000 ft. level and check out the "Massive Anyhydrite" (Ferry Lake) which showed some interesting "kicks" in the old Humble well.

The Patroon Prospect that OMDA is participating in covers 800+ acres and will, if successful, support 5-6 wells on 160 ac. spacing units, and 8-10 on 80 ac. Units. TEC Engineering Group, Inc. estimates recoverable gas reserves per 80 ac. unit of 1.226 Billion Cubic Feet, and oil of 36,000 barrels. Should TEC's estimates be correct, the gross potential on the 800 acres at the current price of Gas and Oil could exceed $100 million over the life of the project.

Along with the recently received Drilling Permit and initial well plat map, a package with maps and documents can be found on the Company's website at this address: http://www.omogoil.com/projects.html

Adam Barnett, Chairman stated, "As I mentioned in our initial PR on this prospect, we have been looking at the Patroon Prospect since late last year. Luckily due to a dearth of drilling rigs, this well that was originally supposed to have been drilled by year end, but due to the lack of rigs, had some availability free up. What really ups our confidence in this well is that the operator, TLPC, is taking a large paid interest in the well along with their traditional "third for a quarter" carried interest." Barnett went on to say, "This may or may not be our first new drilling participation since I gained control of OMDA under adversarial conditions in late 2003. As I mentioned in our last PR on Patroon, we were also looking at a couple of additional prospects. As this is being released, one of our Consultants is 'on location' meeting with an operator about our potentially participating in an out of state six well shallow oil and gas play. Should we elect to participate, and that decision will probably be made in the next week, drilling would be immediate." Regarding Panola, Barnett stated, "I have elected to continue to place this exciting project on hold due to the large amount of capital (up to $7 million) that will be needed to commit once drilling begins. Since we control the whole play and have no pressures to drill at this time and once we do commence drilling we would like to retain a larger interest than originally anticipated when we took it on, I see no reason to hurry this one up."

Additionally Barnett stated, "Once again, I really do appreciate the patience of our shareholders as we continue to advance the restructuring of our Company which began 20 months ago when I gained control of the company under adversarial conditions as mentioned above. It has been a remarkable 20 months as your Management and Consultants have attempted to ascertain with little or no help from prior management, just what assets OMDA really has. As most know, some seven weeks ago management came to the conclusion that prior management may have mishandled a considerable amount of Company assets and therefore elected to bring legal action against prior management and certain consultants. The proof of the prudence of bringing this action has already been shown by the quick and very beneficial settlement that your company received just four days ago on the Concorde Dome 12 well workover project. An asset that just a month ago was not even contemplated as being in reach. It appears that this is just the 'tip of the iceberg' as all will see next week when Company counsel sets a personal precedence and files a much expanded 'First Amended Pleading', even before Deposition and Discovery begins."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Reaches First Settlement in OMDA, et. al Vs. Lanza, et. al. Lawsuit

Houston--(BUSINESS WIRE)—May 23,2005

OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced today that the company has settled with Barnabas Capital Corporation, Hoactzin Partners and Tengasco, Inc. regarding a 12 well re-completion program in the Concord Dome Field, near Palestine TX. The Agreement with the current operator and its investor group settles claims that conveyance of interests in the leases may be invalid and was done under fraudulent conditions by unauthorized persons. Although OMDA had not yet named the settling parties as defendants, settlement with OMDA at this time was prudent and in their best interests. The current Operator has already spent more than $800,000 in acquiring interests in the leases and reworking the wells during the past six months and anticipates significant additional expenditures over the next two to three months prior to bringing these wells on line.

Under the terms of the Agreement, OMDA will have no requirement to contribute capital, but will receive a 37.5% working interest after pay-out of all reworking expenditures in the twelve well program. Should OMDA not prevail in certain claims asserted in the Litigation against Joe Lanza and others, then OMDA would be required to re-convey 30% of the 37.5% interest to the current operator, leaving OMDA with 7.5%. In addition to the working interest, OMDA would also receive an ownership interest in the equipment valued at the same percentages and under the same terms as its working interest. OMDA also received an option to participate on a non-promoted basis ("heads up") up to a 37.5% working interest in future wells to be drilled on adjacent properties to the initial 12 wells on new acreage recently acquired by the Operator.

Adam Barnett, Chairman stated, "I cannot express in just a few short words here what a major first victory this is so early in the recently filed lawsuit against former management and co-conspirators. The fact that this group, who had not yet even been named as a defendant, upon reviewing our case proper to date, has come to the conclusion that it is prudent to settle now rather than risk the outcome of the lawsuit, speaks volumes of their opinion of the strength of our case against Lanza et. al." Barnett went on to say, "The President of the Operator has stated that he anticipates that once the wells are on production, which should be in the next few months, he expects revenues to be strong enough to pay out all his costs in less than twelve months, at which time OMDA will then begin receiving its respective share of cash flow for the balance of the life of the wells." Additionally Barnett stated, "Though normally in a case like this a first round of amended pleadings are not usually filed until after initial discovery and depositions have been taken, our counsel informs me that the investigation over the past month has uncovered so many additional causes of action against the Defendants that I have approved preparation of a first amendment to the pleadings which will be filed in the Harris County, Texas, Court shortly.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Executes Participation Agreement For Test Well In 800 Acre Prospect in Shelby County TX.

Also, Chairman issues letter to sharholders.

Houston--(BUSINESS WIRE)—April 26,2005

OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced today that it has signed a Participation Agreement with Texas Land & Petroleum Company, LLC, (TLPC) of Wylie, TX to acquire a 15% working interest in their Patroon Field Prospect, Mooringsport test, Shelby County Texas (James Rowe, Abstract 585). While not a wildcat per se as no wells have been drilled directly on the lease, the prospect is up-dip to a Northeast, Southwest fault line and directly offsets a well that was drilled and completed in 1948 by Humble Oil. The Humble #1-C Pickering well was tested in two of three Upper Glen Rose/Mooringsport zones totaling 60’ of pay, and completed in one with 28’ of pay. The lower zone at 5272’-5290 test at 1,758 mcf/d and 135 barrels of oil per day (bpod). Since the nearest gas line was a hundred miles away at that time, this zone was never produced. The next Mooringsport up the hole at 5,164’-5192’ tested at 1,204 mcf/d and 109 bopd and was completed and produced for approximately 18 months, totaling around 15,000 barrels of oil while flaring the gas. The well was subsequently abandoned due to the very low price of oil and lack of gas value in 1950.

The Patroon Prospect that OMDA is participating in covers 800+ acres and will, if successful, support 5-6 wells on 160 ac. spacing units, and 8-10 on 80 ac. Units. TEC Engineering Group, Inc. estimates recoverable gas reserves per 80 ac. unit of 1.226 Billion Cubic Feet, and oil of 36,000 barrels. TLPC expects the first well spud date to be in early June depending on rig availability.

A package with documents can be found on the Company’s website at this address: http://www.omogoil.com/projects.html

Additionally, Adam Barnett Chairman recently published a Letter to Shareholders that can be also be found on the Company’s website at this address: http://www.omogoil.com/investori.html

Adam Barnett, Chairman stated, “We have been looking at the Patroon Prospect since late last year. Luckily due to a dearth of drilling rigs, this well that was originally supposed to have been drilled by year end, but due to the lack of rigs, had some availability free up. What really ups our confidence in this well is that the operator, TLPC, is taking a large paid interest in the well along with their traditional “third for a quarter” carried interest.” Barnett went on to say, “I really do appreciate the patience of our shareholders as we continue to advance the restructuring of our Company began 19 months ago. With cash now available, this play is just one of several that we are currently looking at, along with our own Panola Fredericksburg property. I could not be more excited about the prospects of the company between now and years end, and fully expect our stock price to more properly reflect the true fundamentals of our strong asset base.”

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. in Pact to Acquire Interest in Drilling Rig

Friday March 4, 9:32 am ET

MIAMI--(BUSINESS WIRE)--March 4, 2005--OMDA Oil and Gas, Inc., an oil and gas production company (OTC.PK:OMOG), through its chairman, Adam Barnett, today announced that the company has entered into an agreement to acquire a 12.5 % interest in JKOD Holdings, (JKOD) a recently formed East Texas based LLC which currently owns and operates an Oil & Gas Drilling Rig rated to approximately 6,000 ft. Closing is subject to OMDA completing its due diligence and approval of the transfer by the majority of the other JKOD owners. Assuming success of the due diligence and approvals, completion of this transaction should be within the next three weeks.

Adam Barnett, Chairman stated, "We are very happy to have this opportunity to further diversify the new OMDA into this very active sector of the Oil & Gas Industry. With the historically high prices of Oil & Gas, rigs are in high demand with long backlogs. Rig operators are able to get premium prices for drilling as well as in some cases carried interests in the wells they are drilling. This particular rig is just completing a rebuild and upgrade and should have many years of drilling ahead." Barnett went on to say, "An additional advantage of OMDA's participation in a rig, is the sometime opportunity to have our production company 'ground floor' participate in wells that JKOD contracts to drill. Additionally, in the rare instance that the oil operator that contracts JKOD to drill its well has a cash shortfall in its obligation to JKOD, OMDA may have an opportunity to selectively step in."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Provides Details and Update on its Panola Field Property

Thursday January 27, 10:18 am ET

HOUSTON--(BUSINESS WIRE)--Jan. 27, 2005--OMDA Oil and Gas, Inc., an oil and gas production company (OTC.PK:OMOG), through its chairman, Adam Barnett, today has released and posted details of its 1,116 acre Panola Field, Panola County, Texas, horizontal drilling program on the company's website. The information can be accessed at the following link: http://www.omogoil.com/projects.html . Information included on the site includes; Prospect Overview, which includes specific location and introduction to the project, Geology & History, Field Development, Reserves & Economics, and Pipeline & Markets. Additionally included are a series of maps, both surface and subsurface showing the specific size and location of the acreage with surrounding hydrocarbon pools identified, total and individual production results of each of the old shut in wells on the location, subsurface isopach mapping of the primary Fredricksburg/Goodland Lime formation and an independent third party petroleum engineers report estimating future recoverable reserves between 2.25 - 3.6 million barrels. Potential secondary shallower zones to include the Nacatoch, Saratoga and Blossom, though not included in reserve estimates, are also noted. Total cost of developing this prospect is projected to be $8-10 million with the first well scheduled to commence drilling in March. Permitting of the first well should be completed in two to three weeks, at which time a further update will be provided.

OMDA currently owns 100% of the field in its wholly owned subsidiary, Texas OMDA Drilling & Operating Inc. S & H Resources of Longview, TX will be the field operator. As was formerly mentioned in a past new release, it is OMDA's intention to bring in industry and individual partners to develop this field. Now that all the necessary information has been compiled and terms finalized, the company anticipates this exciting prospect to be readily received by parties who have been expressing interest over the past few months.

Adam Barnett, Chairman, stated, "I am pleased that we are now in a position to aggressively move forward with the Panola Field prospect. We were very lucky to have tied down this exiting prospect just as the price of Oil started its major move up. We took a gamble paying a six digit sum of money before all the detail work was completed, but had we waited on all the information, there would have been no way that we would have been able to take control of the whole deal". Barnett went on to say, "While we are excited that the professionals we had work on this deal have now confirmed that our early enthusiasm for this deal was warranted as you can see on our website, only a drill bit to total depth will prove whether we are right or not. Hopefully over the next six to eight weeks we will get the positive affirmation we expect."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas. And 100% interest in 1,116 acres in the Panola Field, Panola County, Texas.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Reports on Finalization of Panola County Lease Acquisition

Tuesday November 23, 4:30 pm ET

HOUSTON---(BUSINESS WIRE)--Nov. 23, 2004--OMDA Oil and Gas, Inc., (OTC.PK:OMOG), in conjunction with its Subsidiary, Texas OMDA Drilling & Operating Inc., an oil and gas production company, through its chairman, Adam Barnett, today announced the finalization of the agreement to acquire the Fredericksburg/Goodland Lime oil & gas prospect mentioned in a press release dated Sept. 7, 2004. The prospect is made up of 1116 contiguous acres situated in the Jane Tharp, A-665, Wm. H. Lacy, A-404, and Bailey Anderson Surveys, A-24, all in Panola County, Texas. Terms of the final agreement varied slightly for the original LOI that was announced on that date. The total acreage was reduced slightly from 1134 to 1116 Acres, but OMOG's undivided working interest was increased from 70% to 75%. S & H Resources, Inc., assignor of the leases, will be the operator and will be "carried" for the remaining 25% interest through completion on the first three wells of the potential 8 to 10 well prospect, with both parties carrying their respective costs of subsequent wells past the first three. Estimated cost through completion of a "horizontal" well on this prospect is expected to cost between $750,000 and $800,000. OMDA intends to use primarily third party Joint Venture or Partnership financing for drilling of the first three wells to limit the company's risk. The first well will be commenced upon notice from the operator that all permits have been obtained and drilling crews are available. OMDA has not been given a definitive "spud" date as heavy drilling activity has created a scarcity of drilling crews with extensive horizontal drilling expertise, but drilling is expected to commence early in the first calendar quarter of 2005. Further updates as to the start of drilling will be made when the company is notified by the operator.
ADVERTISEMENT

As was mentioned in the Sept. 7th release, "From 1970, 51 vertical wells were drilled on the prospect without a dry hole. But subsequently, the wells were plugged due to production declines and low prices." OMDA and S&H agree that utilizing a "horizontal" drilling program using "new" wells rather than re-completions through existing wells would best exploit the remaining reserves in the field . The Company's decision was augmented by studying a petroleum engineering evaluation from an unrelated independent third party Petroleum Engineer dated Nov. 11, 2004, who estimates the remaining oil "in place" on this prospect to approximate 9 million barrels remaining of an original 9.6 million barrels on the leases, with estimated gross recoverable reserves of between 2.25 and 3.6 million barrels of oil and gas equivalents when combining primary natural, pump jack and secondary production. Additional confirmation as to the prudence of a horizontal plan with new wells rather than re-entries was attained by evaluating engineering and production results of three recent Fredericksburg wells to the Southeast in the Bridges Field in Shelby County. These very successful wells came in with initial production rates of 130 barrels/day to 400 barrels/day, with two being re-entries and one a new well. While too distant to directly correlate to success in our field, they have shown us the following: 1) The Fredericksburg, due to vertical fracturing, low permeability and good porosity is in fact an excellent candidate for horizontal drilling. And 2) The prudence of drilling new wells over re-entries are shown by higher sustained production in a shorter period of time in the "new" well as compared to irregular production in the two re-entry wells.

Adam Barnett, Chairman, stated, "Needless to say, I am quite enthusiastic about this deal, the first new major project initiated since I have taken control of the company, and certainly the largest project ever undertaken by OMDA.. While, as in any drilling venture, there is no assurance that the company will be successful in its search for Oil & Gas, the risk/reward we see should weigh the odds more heavily in our favor, particularly when the high current prices of Oil and Gas are factored. Hopefully this will be just the first of many to come".

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Moves Corporate Headquarters to Houston TX and Gives Further Update on Panola Prospect

Thursday November 11, 4:43 pm ET

HOUSTON--(BUSINESS WIRE)--Nov. 11, 2004--OMDA Oil and Gas, Inc., an oil and gas production company (OTC.PK:OMOG), through its chairman, Adam Barnett, today announced the move of its Corporate Headquarters, along with its Operating Subsidiary, OMDA Oil & Gas Management, to 4550 Post Oak Place Dr. #175 Houston TX, the current location of its Texas OMDA Drilling & Operating Inc. subsidiary. Management feels that with its concentration on drilling and production in Texas and Western Louisiana, relocating all of its operations to Houston makes logical sense. Additionally, as a follow-up to the announcement the company made on November 4th regarding the Panola County, Fredricksberg lime prospect, as anticipated in that release, the company did receive lease abstracts and title opinion covering the property this past week. Closing documents are being prepared with closing anticipated next week to ten days.
Adam Barnett, Chairman, stated, "We are now in the fourteenth month since I have taken control of the company. With the move to Houston, we feel we will be in an excellent position to capitalize on local Oil and Gas expertise as we grow the company." Barnett went on to say, "While specific timing of the commencement of drilling the first well is difficult to predict at this time, our operator, S&H feels we have a reasonable chance to start drilling mid to late December, something that we are all eagerly awaiting."

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc. and its wholly owned subsidiaries, OMDA Oil & Gas Management, Inc. and Texas OMDA Drilling & Operating, Inc., are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Updates Status of Letter of Intent to Acquire 1,135 Acre Fredericksburg Prospect in Panola County, TX

Thursday November 4, 12:48 pm ET

MIAMI--(BUSINESS WIRE)--Nov. 4, 2004--OMDA Oil and Gas, Inc., an oil and gas production company (OTC.PK:OMOG), through its chairman, Adam Barnett, today has issued an update as to the status of its formerly announced Sept. 7th Letter of Intent to acquire an undivided 70% working interest in this hydrocarbon rich, developmental oil and gas play. At the time of our initial announcement of this project, we were informed by Harold Smith, CEO of S&H Resources of Longview TX, the operating company, that he expected to be able to deliver clear title opinion and reserve engineering evaluations to OMDA in approximately two to three weeks. Therefore we informed our shareholders of this by stating; "The acquisition is expected to close within a few weeks". Since almost two months have passed since we made this announcement and we have not yet consummated the deal, the Company felt that it would be prudent to give an update as to the status of the closing of this deal.

Smith has been keeping us informed as to the reasons for the delay in his delivering the required information which in no way has had anything to do with OMDA. The Company has been prepared to close on this exciting prospect for the past six weeks. Smith has explained that the reasons for the delay in being able to deliver the information that OMDA has required has been a combination of events. The primary reason for the delay is the quantum leap in drilling interest in this hot area due to record high oil and gas prices. Due to the complexity of properly putting together a horizontal drilling program of up to ten drilling prospects on this total lease which is made up of some 15 subleases, all interest holders, to include in excess of 350 royalty interest holders, must be properly identified and verified. In the horizontal wells that we will be drilling, where "laterals" can exceed 2,000 ft. on the horizontal, it is imperative that we have no surprises on ownership of a penetrated lease after a well is drilled and completed. OMDA has insisted that S& H have this "title work" verified and delivered, with opinion, by a reputable Oil and Gas Attorney. Under normal circumstances prior to the leap in Oil and Gas prices and activity in the area, this normal procedure should have only taken a week or two. But, due to the increased activity in the area, and the limited number of qualified "area knowledgeable" Oil and Gas attorneys, this project had been "stacked in the queue" .

We have now been informed that this project is being actively "worked" and should expect to be delivered to OMDA some time next week. Since the delay has been exclusively caused, not by the company, but by S & H, there has been a positive by-product of the delay for the Company. Smith has agreed to a Company request to "sweeten" the terms of the originally negotiated deal with OMDA.

Adam Barnett, Chairman, stated, "We have been shown several other projects over the past two months, but none with the upside potential of this exciting play. While there is no assurance that the wells we intend to drill on this prospect will even be commercially successful, we have been provided with information that three "horizontal" Fredricksburg Lime wells drilled on leases south of our intended lease have successfully been completed with production rates of 130 to 400 barrels of oil per day and gas rates of 200 to 500 mcf per day. Needless to say, that should we be successful with wells anywhere near these levels, this field alone can be a "company maker". Barnett went on to say, "Additional reasons for our excitement in this prospect are two fold. One; its relatively low risk, in that while we are budgeting the approximately $750,000 per well to drill completely 'new' wells for the horizontal program, we still have ownership of the original 51 shut-in, once all commercial, wells on the lease. These old wells were shut in years ago, not due to cessation of the wells delivering oil and gas, but due to economics of the time. With current prices, and modern technology, there is every reason to believe that for minimal costs, they also could be brought back into production. And Two, there are two shallower hydrocarbon bearing zones on these leases which have never been tested and also have commercial potential. "

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

OMDA Oil and Gas, Inc. Executes Letter of Intent to Acquire 1135 Acre Fredericksburg Prospect in Panola County TX

Tuesday September 7, 8:02 am ET

MIAMI--(BUSINESS WIRE)--Sept. 7, 2004--OMDA Oil and Gas, Inc., an oil and gas production company (OTC.PK:OMOG), through its chairman, Adam Barnett, today announced that it has signed a Letter of Intent with S & H Resources, of Longview TX to acquire an undivided 70% working interest in this hydrocarbon rich, developmental oil and gas play. From 1970, 51 vertical wells were drilled on the prospect without a dry hole. But subsequently, the wells were plugged due to production declines and low prices.

The acquisition is expected to close within a few weeks after Omda receives clear title opinion and reserve engineering evaluations of future recoverable oil and gas. After closing, it is Omda's intention to fully exploit a " horizontal" drilling program with three wells initially and upon success, up to an additional six wells. S & H will be both the operator and drilling contractor for the program. Horizontally drilled wells, also targeting the Fredericksburg zone, in nearby leases have proven to be the key to more complete drainage of this " good porosity but low permeability" sand. The initial three well program is expected to commence before year end using a combination of Company, Joint Venture and Partnership funds.

Adam Barnett, Chairman, stated, " It has now been approximately one year since I have taken over and begun the restructuring of Omda. Some highlights of what we have accomplished include: Significant reductions of the company's outstanding shares, recently reported second quarter 2004 revenues up over 1500% from second quarter 2003 yet still only producing from approximately 32% of our 355 currently owned wells, an extensive firming up of our balance sheet and a significant increase in stockholder's equity." Barnett went on to say, "I now feel it is time to take the company to a new level. This S & H transaction not only gives Omda exposure to a significant oil and gas play in a hot area but also to a seasoned oil and gas veteran like Harold Smith, CEO of S & H. We see Mr Smith's value not only for this play but as an advisor for our existing wells as well as access to future plays."

Harold Smith, CEO of S & H said, " I am confident that this LOI will culminate with a completed transaction that will just be the first of many exciting future opportunities shared by Omda and S & H." Smith went on to say, " In the 22 years that S & H has been in existence, we feel we have a very good handle on the pulse of the Oil & Gas Industry. Due to expanding worldwide demand for oil and gas as shown by record well head prices, the future in our industry looks very promising. With Omda's core well ownership in Texas and Louisiana along with other prospects and expertise that S & H can provide, a bright future for Omda should be ahead".

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc. is an oil and gas production and lease acquisition company. Currently the Company owns participation interests in 355 oil and gas wells in Louisiana and Texas.

Contact:
OMDA Oil and Gas, Inc.
Adam Barnett, 305-609-2345
[e-mail]
www.omogoil.com

[SlayGrosswildjaeger]

Antwort auf Beitrag Nr.: 21.407.590 von calibra21 am 02.05.06 20:14:07

Hi Slay, ich bin mal mit rein. Die 1 Centmarke ist geknackt. Dies sollte weiteren Auftrieb geben.

[SlayGrosswildjaeger]

Noch 11 Minuten bis zum Start!!!!

[SlayGrosswildjaeger]

AKTUELL 02.05.06 01.05.06

Aktueller Kurs 0,0104 0,008

Währung USD USD

Kurszeit 22:00 21:59

Realtime

Differenz +0,0024 (+30,00%) +0,001 ( +8,11%)

Eröffnungskurs 0,0084 0,008

Tageshöchstkurs 0,0105 0,008

Tagestiefkurs 0,008 0,007

Marktkapitalisierung 1,25 Mio. 960,00 Tsd.

Letzter Schlusskurs 0,008 0,007

Schlusskurs-Datum 01.05. 28.04.

Volumen 900.183,59 102,75 Tsd.

Gehandelte Stücke 95 Mio. 12,82 Mio.

Preisfeststellungen 724 141

[SlayGrosswildjaeger]

[SlayGrosswildjaeger]

...noch 6 Minuten bis zum Start!!!

[gas-joe]

Also, wenn ich OMDA und TITAN vergleiche, finde ich TITAN die bessere Alternative.

[SharpRatio]

Gute Performance gestern. DA kommt was!!

[SharpRatio]

Antwort auf Beitrag Nr.: 21.442.453 von gas-joe am 05.05.06 11:40:26

Als der Pechalas Report rauskam ging sie schon mal ab.

Jetzt steigt sie wieder. Warum ?

Einen Hinweis finden wir auf der Website!!

[SharpRatio]

Antwort auf Beitrag Nr.: 21.442.453 von gas-joe am 05.05.06 11:40:26

Heute gehts weiter!