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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REAL OR ROLLER COASTER? TIME WILL TELL

Omagine

almost 8 years ago

Re: REAL OR ROLLER COASTER? TIME WILL TELL

Omagine

almost 8 years ago

Re: REAL OR ROLLER COASTER? TIME WILL TELL

Omagine

almost 8 years ago

in response to lebnjb@ameri's message

NICK, EXCELLENT article. Thanx for your research..and for sharing! The rebounding oil prices (not great for us when we gas up our cars or for those that heat their homes with oil) will ripple thu the entire MENA region and truly invigorate their economies. Good timing. Never thought I'd be rooting for higher energy prices (I am having solar cells installed on my home on 10/31 thru 11/1---at no cost to me, I might add.By the way, I have read "The Art of the Deal") so again --"Good Timing". Frank and Charlie, get your pens ready to sign that "Term Sheet" so that we may begin moving the beach in Oman. Regards, Bill of the Deplorable Board.