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: FOOTPRINTS IN THE OMANI SAND

Omagine

almost 10 years ago

in response to JB011's message

JB----"Piper"is still out! I am very curious to see that since "The Wave " usurped a chunk of the Gulf of Oman (my estimate is that it constitutes approximately 35-40% of their project) can we also grab our fair share of the Gulf and therefore expand our "baby"to 350 square acres up from a paltry 250! Always "thinkin", ..Bill.