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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Taki who wrote (129926)3/17/2004 9:01:06 AM
From: Taki  Read Replies (3) of 150070
 
OMOG.0019.News today.250k$ in Revenues for only .0019 stock?
MIAMI, Mar 17, 2004 (BUSINESS WIRE) -- OMDA Oil and Gas, Inc., an oil and gas
production company (OTC.PK:OMOG), today announced that gross revenue for all oil
and gas production wells contained on leases in which the Company participates
totaled $254,602.85 for the fourth quarter of 2003.

"We are very pleased with the fourth quarter revenues and expect to continue to
improve our revenue as we get more wells online and producing," said Adam
Barnett, Chairman of the Company.

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.


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.

SOURCE: OMDA Oil and Gas, Inc.


CONTACT: OMDA Oil and Gas, Inc., Miami
Adam Barnett, 305-992-0151
omoilandgas@aol.com
www.omogoil.com

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Copyright (C) 2004 Business Wire. All rights reserved.

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KEYWORD: TEXAS LOUISIANA FLORIDA
INDUSTRY KEYWORD: ENERGY
OIL/GAS
EARNINGS

*** end of story ***
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