Omega Energy
Petroleum: One of the Most Exciting Opportunities Available Today When you become an Omega Energy Partner, you are investing in a family with a local history and reputation in the oil business. The oil and gas experience of the members of Omega's executive management team and key independent contractors spans 60 combined years. Omega's strategy is to pursue an aggressive developmental drilling program covering over 80,000 acres in Illinois, Indiana and Kentucky. We are currently seeking Partners to grow Omega Energy’s Development funds. The funds will be utilized to drill, complete and produce our wells. The success of Omega Energy is fully aligned with the success of Omega's Development funds and we are fully committed to establishing long-term relationships with our Partners based on the highest ethical standards, integrity and professionalism
Increasing World Energy Demand Developing countries are industrializing at previously unimaginable rates without the capacity to supply their own energy demand. The last down cycle left the industry very cautious with exploration and development investments, leading to a persistent underinvestment in production capacity since the mid-80s, with much of the drilling and production infrastructure permanently retired. No new major, "elephant" oil reserves have been discovered in recent decades, even as existing major fields continue to deplete. Why Join Us? Why Invest in the Illinois Basin? The Illinois Basin has over 60 pay zones (depths in which oil has been produced). It has produced over 4.5 billion barrels of oil and has 4.1 billion barrels in estimated future recoverable reserves. The Basin currently produces around 15.2 million barrels of oil annually and has a 36% overall recovery efficiency which is the highest in onshore development within the U.S. Annual Oil and Gas production from the Illinois Basin is valued at over $3.5 Billion.
Now is a Great Time to Join Us… |

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