SOURCE: OMDA Oil and Gas, Inc.

July 06, 2006 08:00 ET

OMDA Oil and Gas, Inc. Announces Upcoming Corporate Website Launch

Website Will Feature Live Feed Charts, Quotes, Level Two, and Cutting Edge SMS Technology

HOUSTON, TX -- (MARKET WIRE) -- July 6, 2006 -- OMDA Oil and Gas, Inc. (PINKSHEETS: OMOG) announces that it is currently developing a new and enhanced corporate web site. The site will be viewable at the original website address www.omogoil.com.

The upcoming site will be completely re-designed and will be geared more toward interactivity with the end-user. Investor-related information such as live feed charts and level two stock quotes will be added, as well as a live up-to-date oil and gas industry news section. In addition to these components, the company will introduce a guided tour via sitepal.com to augment each visitor's experience. The company has targeted the initial release date to be some time within the next 30-45 days. Many additional features and add-ons are in development and the site will be continually upgraded over the next six months.

Once completed, the site will be fully integrated with the latest SMS (short message system) technology, which will be supplied from Houston-based Jarvis Inc. This technology will allow OMDA's entire shareholder base to be alerted to all company announcements, bulletins, press releases, etc in real time via hand held devices, such as cell phones. In essence, every shareholder will have a direct feed to charts, stock performance and volume updates even if they are not in front of their computer. In addition to the current shareholders, OMDA will utilize this technology to reach millions of interested investors who have signed-up to be alerted to real time market updates. This alone will present OMDA Oil & Gas, Inc. to a wealth of new potential investors.

Adam Barnett, Chairman, stated, "I believe that the next few months, as well as the rest of the year, will be very exciting for OMDA Oil and Gas, Inc., and we need a website that will fully reflect and track all of our expected growth and progress. My vision is for www.omogoil.com to develop into a completely functional and cutting edge web site that will be truly beneficial to the investing public. I am especially excited about the upcoming addition of SMS technology. I believe this will make OMDA one of the few elite public companies who are offering this type of shareholder communication." Barnett continued, "This site, like the company itself, belongs to the shareholders, and I urge everyone to submit any suggestions for future developments directly to our IR dept. (IR@Omogoil.com)."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc. and its wholly owned subsidiaryies, 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 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas. Current acreage interests include a 15% working interest in 800 acres in Shelby County, TX, and 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.

About Jarvis Inc.

Jarvis Inc. is based in Houston and currently owns one of the largest wireless databases in the country. This database allows companies to directly send text messages to millions of wireless users instantly. The CITA estimates that approximately 60% of the U.S. population carries a cell phone. "No matter where people are they carry their phones, so our database technology allows us to connect with individuals almost instantly," stated John Jarvis, President of Jarvis Inc. The company's SMS technology grants partnered companies the ability to go online and effectively communicate pertinent information to their share holders and the investing public.

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, statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts.. 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.

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