Dear Omagine Shareholders, In our continuing pro-active efforts to keep investors apprised of the most relevant and timely information please be informed that Omagine has file with a Form 8K with the SEC ; As required by the Government of Oman, on May 31, 2008 the Company delivered to the Ministry of Tourism (i) its written acceptance of the terms which will govern the development of the Omagine Project in Oman, and (ii) its confirmation of the Omani shareholdings in the Omani company to be formed to execute the development.

To review the complete filing please use the link below, or to review all corporate filings please click on the view filings section of the main page of the Omagine hub here at Agoracom.

Link: http://www.sec.gov/Archives/edgar/data

SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549

                           FORM 8 - K

                         CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of

1934.

Date of Report

(Date of earliest event reported):              June 2, 2008

                                                ------------

                        Omagine, Inc.

    ------------------------------------------------------

    (Exact name of registrant as specified in its charter)

   Delaware                0-17264            20-2876380

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(State or other          (Commission        (IRS Employer

jurisdiction of          File Number)       Identification

incorporation)                                  Number)

   350 Fifth Avenue, Suite 1103, New York, N.Y.          10118

  ---------------------------------------------        ----------

    (Address of principal executive offices)           (Zip Code)

Item 7.01 Regulation FD Disclosure

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As required by the Government of Oman, on May 31, 2008 the

Company delivered to the Ministry of Tourism (i) its written

acceptance of the terms which will govern the development of the

Omagine Project in Oman, and (ii) its confirmation of the Omani

shareholdings in the Omani company to be formed to execute the

development.

                           SIGNATURES

                           ----------

Pursuant to the requirements of the Securities Exchange Act of

1934, the Registrant has duly caused this report to be signed

on its behalf by the undersigned hereunto duly authorized.

Dated:  June 2, 2008

                                 Omagine, Inc.

                              ---------------------------------

                                (Registrant)

                              BY: /s/ Frank J. Drohan

                                  -----------------------

                                   Frank J. Drohan,

                                   Chairman of the Board,

                                   President and Chief

                                   Executive Officer