OMDA Oil And Gas, Inc. Retains New Accounting Firm:

OMDA Oil And Gas, Inc. Retains New Accounting Firm: Thursday , October 30, 2003 11:48 ET MOIL CITY, LOUISIANA, Oct 30, 2003 (CCNMatthews via COMTEX) -- Hiring of new accounting firm strengthens restructuring efforts Attention Energy Sector/Business Editors

(PRWEB) November 2, 2003 --OMDA Oil and Gas, Inc., an oil and gas production company (OTC.PK:OMOG), announced today that it has retained the services of Easley, Endres, Parkhill & Brackendorff, P.C. (EEP&B), one of the 25 largest certified public accounting firms located in Houston, Texas, as its new, independent accounting firm.

"We are excited to retain the services of such a highly-respected accounting firm. I believe that EEP&B will be important to OMDA's continued restructuring efforts, which are solely intended to position us as a top-tier, independent oil and gas production company," said Adam Barnett, OMDA's Chairman. "EEP&B is well recognized for its expertise in our industry and has the respect of the business community, all of which will assist us in achieving our goals."

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. Of the Company's 35 leases, 16 currently have at least one producing well with an aggregate of over 100 currently producing wells.

About Easley, Endres, Parkhill & Brackendorff, P.C.

For more information, please visit the Firm's web site at www.eepb.com.

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CONTACT: Adam Barnett
(305) 992-0151
8306 Mills Drive, Suite 674, Miami, FL 33183-4838
omoilandgas@aol.com
www.omogoil.com