One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Mr. Frank Drohan presently in Muscat

This appeared in the GOP report today.

"The Gulf's views on Iran are generally shaped by decades-old perceptions that the Shiite-led Islamic Republic seeks to weaken the Sunni monarchs and sheiks ruling from Kuwait to Oman. But the levels of worry vary greatly.

Oman maintains close ties with Iran as co-overseers of the Strait of Hormouz at the mouth of the Gulf, which is the passageway for about 40 percent of the world's oil tanker traffic. Energy-rich Qatar, meanwhile, seeks to build more commercial links with Iran, including a deal last week that could allow state-run Qatar Airways to operate flights within Iran alongside the sanctions-battered Iranian passenger fleet.

Saudi Arabia, the Gulf's main power center, appears most eager to tighten the pressure on Iran."

We all know the USA position on Iran and its nuclear machine being continued and now the middle east is concerned.

This will effect Oman because of its ties to Iran

Wonder how much more "GOOD NEWS" Omagine stock can withstand.

PS. Mr. Drohan has been in Oman for many months, he just didn't return to discuss the DA. He has been attempting to get it signed for months, years, etc.

GOOD LUCK to him and the stockholders in his success for a speedy signing of the DA.

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