Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

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Re: 10q

Omagine

almost 12 years ago

in response to aland's message

I also have been a shareholder when they were Contact Sports in 2003. I was of your opinion, since all the hype and very little excitement by Oman in their newspapers ect. I do believe with The RCA getting involved has to work, since there have been several MOT replacements and they don't seem to be on the same page even after Omagine has responded to their requests on numerous occasions. I'm optimistic up to a certain point and would like to see who holds the power.