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    <label xlink:type="resource" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prepaid Expenses and Other Current Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:to="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Prepaid expenses and other current assets</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Assets, Current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsCurrent" xlink:to="lab_us-gaap_AssetsCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total Current Assets</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total Current Assets</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Property and Equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentAbstract" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">PROPERTY AND EQUIPMENT:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOther" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentOther"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentOther" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Office and Computer Equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentOther" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentOther"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentOther" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Office and computer equipment</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MachineryAndEquipmentGross" xlink:label="loc_us-gaap_MachineryAndEquipmentGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_MachineryAndEquipmentGross" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">General Plant</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MachineryAndEquipmentGross" xlink:to="lab_us-gaap_MachineryAndEquipmentGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_MachineryAndEquipmentGross" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">General plant</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FurnitureAndFixturesGross" xlink:label="loc_us-gaap_FurnitureAndFixturesGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_FurnitureAndFixturesGross" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Furniture and Fixtures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FurnitureAndFixturesGross" xlink:to="lab_us-gaap_FurnitureAndFixturesGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_FurnitureAndFixturesGross" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Furniture and fixtures</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LeaseholdImprovementsGross" xlink:label="loc_us-gaap_LeaseholdImprovementsGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LeaseholdImprovementsGross" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Leasehold Improvements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseholdImprovementsGross" xlink:to="lab_us-gaap_LeaseholdImprovementsGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LeaseholdImprovementsGross" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Leasehold improvements</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">[Propertyplantandequipmentgross]</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Property plant and equipment, gross</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentGross" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentGross"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Property plant and equipment, gross</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Less accumulated depreciation and amortization</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Less accumulated depreciation and amortization</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Property, Plant and Equipment, Net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">[PropertyPlantAndEquipmentNet]</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Property plant and equipment, net</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OtherAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsNoncurrent" xlink:to="lab_us-gaap_OtherAssetsNoncurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OtherAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Other assets</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets" xlink:to="lab_us-gaap_Assets"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Assets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">TOTAL ASSETS</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL ASSETS</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities and Stockholders' Deficit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">LIABILITIES AND STOCKHOLDERS' DEFICIT</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesCurrentAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrentAbstract" xlink:to="lab_us-gaap_LiabilitiesCurrentAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">CURRENT LIABILITIES:</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_ConvertibleNotesPayableAndAccruedInterest" xlink:label="loc_omag_ConvertibleNotesPayableAndAccruedInterest"/>
    <label xlink:type="resource" xlink:label="lab_omag_ConvertibleNotesPayableAndAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Convertible Notes Payable And Accrued Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_ConvertibleNotesPayableAndAccruedInterest" xlink:to="lab_omag_ConvertibleNotesPayableAndAccruedInterest"/>
    <label xlink:type="resource" xlink:label="lab_omag_ConvertibleNotesPayableAndAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Convertible notes payable and accrued interest</label>
    <label xlink:type="resource" xlink:label="lab_omag_ConvertibleNotesPayableAndAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Sum of the carrying amounts at the balance sheet date of borrowings having initial terms less than one year or the normal operating cycle, if longer, identified as Convertible Notes Payable and the carrying value as of the balance sheet date of interest payable of the debt. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaap_AccountsPayableCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AccountsPayableCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accounts Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableCurrent" xlink:to="lab_us-gaap_AccountsPayableCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AccountsPayableCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accounts payable</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accrued Officers' Payroll</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:to="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accrued officers payroll</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DueToRelatedPartiesCurrent" xlink:label="loc_us-gaap_DueToRelatedPartiesCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Due Officers and Directors</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueToRelatedPartiesCurrent" xlink:to="lab_us-gaap_DueToRelatedPartiesCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Due officers and directors</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_AccruedExpensesAndOtherCurrentLiabilities" xlink:label="loc_omag_AccruedExpensesAndOtherCurrentLiabilities"/>
    <label xlink:type="resource" xlink:label="lab_omag_AccruedExpensesAndOtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accrued Expenses and Other Current Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_AccruedExpensesAndOtherCurrentLiabilities" xlink:to="lab_omag_AccruedExpensesAndOtherCurrentLiabilities"/>
    <label xlink:type="resource" xlink:label="lab_omag_AccruedExpensesAndOtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accrued expenses and other current liabilities</label>
    <label xlink:type="resource" xlink:label="lab_omag_AccruedExpensesAndOtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed in the balance sheet. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities, Current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrent" xlink:to="lab_us-gaap_LiabilitiesCurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total Liabilities, All Current</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total Current Liabilities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesNoncurrent" xlink:label="loc_us-gaap_LiabilitiesNoncurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities, Noncurrent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesNoncurrent" xlink:to="lab_us-gaap_LiabilitiesNoncurrent"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesNoncurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Long Term Liabilities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL LIABILITIES</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities" xlink:to="lab_us-gaap_Liabilities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Liabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">TOTAL LIABILITIES</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stockholders' Deficit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract" xlink:to="lab_us-gaap_StockholdersEquityAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">STOCKHOLDERS' DEFICIT (- As Restsated - Note 10)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock0.001 Par Value, Authorized 850,000 Shares, Issued and Outstanding - None</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockValue" xlink:to="lab_us-gaap_PreferredStockValue"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock:$0.001 par value, Authorized: 850,000 share Issued and outstanding: - none</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Stock 0.001 Par Value, Authorized 50,000,000 Shares, 365,000 Shares Committed To Be Issued In 2011, Issued and Outstanding 12,853,701 Shares In 2011 12,107,646 Shares In 2010</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue" xlink:to="lab_us-gaap_CommonStockValue"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Common stock, value</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdditionalPaidInCapital" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Capital In Excess Of Par Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapital" xlink:to="lab_us-gaap_AdditionalPaidInCapital"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdditionalPaidInCapital" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Capital in excess of par value</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_DevelopmentStageEnterpriseDeficitAccumulatedPriorToDevelopmentStage" xlink:label="loc_omag_DevelopmentStageEnterpriseDeficitAccumulatedPriorToDevelopmentStage"/>
    <label xlink:type="resource" xlink:label="lab_omag_DevelopmentStageEnterpriseDeficitAccumulatedPriorToDevelopmentStage" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Development Stage Enterprise Deficit Accumulated Prior To Development Stage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_DevelopmentStageEnterpriseDeficitAccumulatedPriorToDevelopmentStage" xlink:to="lab_omag_DevelopmentStageEnterpriseDeficitAccumulatedPriorToDevelopmentStage"/>
    <label xlink:type="resource" xlink:label="lab_omag_DevelopmentStageEnterpriseDeficitAccumulatedPriorToDevelopmentStage" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Deficit accumulated prior to development stage commencing on October 11,2005 (As Restated - Note 10)</label>
    <label xlink:type="resource" xlink:label="lab_omag_DevelopmentStageEnterpriseDeficitAccumulatedPriorToDevelopmentStage" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Cumulative net losses reported prior to development stage.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage" xlink:label="loc_us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Development Stage Enterprise, Deficit Accumulated During Development Stage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage" xlink:to="lab_us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Deficit accumulated during the development stage commencing October 11,2005 (As Restated - Note 10)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Total Omagine, Inc. Stockholders' Deficit</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total Omagine, Inc. stockholders' deficit</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity" xlink:to="lab_us-gaap_StockholdersEquity"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total Omagine, Inc. stockholders' deficit</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_MinorityInterest" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stockholders' Equity Attributable to Noncontrolling Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterest" xlink:to="lab_us-gaap_MinorityInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_MinorityInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Noncontrolling interests in Omagine LLC</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable To Noncontrolling Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total Stockholders' Deficit</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total Stockholders' Deficit</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balances</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balances</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities and Equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Par Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="lab_us-gaap_PreferredStockParOrStatedValuePerShare"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock, par value (in dollars per share)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Authorized Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesAuthorized" xlink:to="lab_us-gaap_PreferredStockSharesAuthorized"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock, authorized shares</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Issued Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesIssued" xlink:to="lab_us-gaap_PreferredStockSharesIssued"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockSharesIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock, issued shares</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Outstanding Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesOutstanding" xlink:to="lab_us-gaap_PreferredStockSharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock, outstanding shares</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Stock Par Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Common stock, par value (in dollars per share)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockSharesAuthorized" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Stock Authorized Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized" xlink:to="lab_us-gaap_CommonStockSharesAuthorized"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockSharesAuthorized" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Common stock, authorized shares</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CommonStockCommittedToBeIssued" xlink:label="loc_omag_CommonStockCommittedToBeIssued"/>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockCommittedToBeIssued" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Stock Committed To Be Issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CommonStockCommittedToBeIssued" xlink:to="lab_omag_CommonStockCommittedToBeIssued"/>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockCommittedToBeIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Common stock, committed to be issued</label>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockCommittedToBeIssued" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balance, beginning, Committed to be issued, shares</label>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockCommittedToBeIssued" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balance, ending, Committed to be issued, shares</label>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockCommittedToBeIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of common stock allocated to officers and consultants for options excercised and stock grants.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Stock Issued Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued" xlink:to="lab_us-gaap_CommonStockSharesIssued"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockSharesIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Common stock, issued shares</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Stock Outstanding Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding" xlink:to="lab_us-gaap_CommonStockSharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Common stock, outstanding shares</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income Statement [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract" xlink:to="lab_us-gaap_IncomeStatementAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Income Statement [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_RevenuesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract" xlink:to="lab_us-gaap_RevenuesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_RevenuesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">REVENUE:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Revenues" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Total Revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues" xlink:to="lab_us-gaap_Revenues"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_Revenues" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total revenue</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OperatingExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Operating Expenses [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract" xlink:to="lab_us-gaap_OperatingExpensesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OperatingExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">OPERATING EXPENSES:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LaborAndRelatedExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Officers and Directors Compensation (Including Stock-Based Compensation Of 333,730 and 263,772, Respectively)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense" xlink:to="lab_us-gaap_LaborAndRelatedExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LaborAndRelatedExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Officers and directors compensation (including stock-based compensation of $333,730 , $263,772 and $934,901, respectively)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="loc_us-gaap_ProfessionalFees"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProfessionalFees" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Professional Fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfessionalFees" xlink:to="lab_us-gaap_ProfessionalFees"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProfessionalFees" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Professional fees</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_ConsultingFees" xlink:label="loc_omag_ConsultingFees"/>
    <label xlink:type="resource" xlink:label="lab_omag_ConsultingFees" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Consulting Fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_ConsultingFees" xlink:to="lab_omag_ConsultingFees"/>
    <label xlink:type="resource" xlink:label="lab_omag_ConsultingFees" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Consulting fees (including stock-based compensation of $325,228, $ 18,768 and $381,532 respectively)</label>
    <label xlink:type="resource" xlink:label="lab_omag_ConsultingFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of expense provided in the period for consulting fees incurred.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CommitmentFeesIncurredInConnectionWithNewSeda" xlink:label="loc_omag_CommitmentFeesIncurredInConnectionWithNewSeda"/>
    <label xlink:type="resource" xlink:label="lab_omag_CommitmentFeesIncurredInConnectionWithNewSeda" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Commitment Fees Incurred In Connection With New Seda</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CommitmentFeesIncurredInConnectionWithNewSeda" xlink:to="lab_omag_CommitmentFeesIncurredInConnectionWithNewSeda"/>
    <label xlink:type="resource" xlink:label="lab_omag_CommitmentFeesIncurredInConnectionWithNewSeda" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Commitment fees</label>
    <label xlink:type="resource" xlink:label="lab_omag_CommitmentFeesIncurredInConnectionWithNewSeda" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Commitments fees incurred in connection with Standby Equity Distribution Agreement.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TravelAndEntertainmentExpense" xlink:label="loc_us-gaap_TravelAndEntertainmentExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_TravelAndEntertainmentExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Travel</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TravelAndEntertainmentExpense" xlink:to="lab_us-gaap_TravelAndEntertainmentExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_TravelAndEntertainmentExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Travel</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OccupancyNet" xlink:label="loc_us-gaap_OccupancyNet"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OccupancyNet" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Occupancy</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OccupancyNet" xlink:to="lab_us-gaap_OccupancyNet"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OccupancyNet" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Occupancy</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherGeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_OtherGeneralAndAdministrativeExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OtherGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other General and Administrative</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherGeneralAndAdministrativeExpense" xlink:to="lab_us-gaap_OtherGeneralAndAdministrativeExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OtherGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Other general and administrative</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Operating Expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses" xlink:to="lab_us-gaap_OperatingExpenses"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total Operating Expenses</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OperatingIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Operating Income (Loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss" xlink:to="lab_us-gaap_OperatingIncomeLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OperatingIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">OPERATING LOSS</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_OperatingIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">OPERATING LOSS</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="loc_us-gaap_NonoperatingIncomeExpenseAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NonoperatingIncomeExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Nonoperating Income (Expense) [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpenseAbstract" xlink:to="lab_us-gaap_NonoperatingIncomeExpenseAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NonoperatingIncomeExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">OTHER (EXPENSE) INCOME (As Restated - Note 10)</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_SettlementOfQatarRealEstateDevelopmentDispute" xlink:label="loc_omag_SettlementOfQatarRealEstateDevelopmentDispute"/>
    <label xlink:type="resource" xlink:label="lab_omag_SettlementOfQatarRealEstateDevelopmentDispute" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Settlement Of Qatar Real Estate Development Dispute</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_SettlementOfQatarRealEstateDevelopmentDispute" xlink:to="lab_omag_SettlementOfQatarRealEstateDevelopmentDispute"/>
    <label xlink:type="resource" xlink:label="lab_omag_SettlementOfQatarRealEstateDevelopmentDispute" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Settlement of Qatar Real Estate development dispute</label>
    <label xlink:type="resource" xlink:label="lab_omag_SettlementOfQatarRealEstateDevelopmentDispute" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents settlement of Qatar Real Estate development dispute</label>
    <label xlink:type="resource" xlink:label="lab_omag_SettlementOfQatarRealEstateDevelopmentDispute" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Settlement of Qatar Real Estate development dispute</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_GoodwillImpairmentLoss" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Goodwill, Impairment Loss</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_GoodwillImpairmentLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Impairment of Goodwill</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillImpairmentLoss" xlink:to="lab_us-gaap_GoodwillImpairmentLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_GoodwillImpairmentLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Impairment of goodwill</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_GoodwillImpairmentLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Impairment of goodwill</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AmortizationOfDebtDiscountPremium" xlink:label="loc_us-gaap_AmortizationOfDebtDiscountPremium"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AmortizationOfDebtDiscountPremium" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amortization Of Debt Discount (Premium)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfDebtDiscountPremium" xlink:to="lab_us-gaap_AmortizationOfDebtDiscountPremium"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AmortizationOfDebtDiscountPremium" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Amortization of debt discount</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AmortizationOfDebtDiscountPremium" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Amortization of debt discount</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="loc_us-gaap_InvestmentIncomeInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_InvestmentIncomeInterest" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Investment Income, Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeInterest" xlink:to="lab_us-gaap_InvestmentIncomeInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_InvestmentIncomeInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Interest income</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest Expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense" xlink:to="lab_us-gaap_InterestExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Interest expense</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_InterestExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Interest expense</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NonoperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Nonoperating Income (Expense)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense" xlink:to="lab_us-gaap_NonoperatingIncomeExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NonoperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Other (Expense) - Net</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NonoperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Other (Expense) - Net</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment" xlink:label="loc_omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment"/>
    <label xlink:type="resource" xlink:label="lab_omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Loss From Development Stage Entity Continuing Operations Development</label>
    <label xlink:type="resource" xlink:label="lab_omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">NET LOSS FROM DEVELOPMENT STAGE ENTITY - CONTINUING OPERATIONS DEVELOPMENT - As Restated - Note 10)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment" xlink:to="lab_omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment"/>
    <label xlink:type="resource" xlink:label="lab_omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">NET LOSS FROM DEVELOPMENT STAGE ENTITY - CONTINUING OPERATIONS DEVELOPMENT - As Restated - Note 10)</label>
    <label xlink:type="resource" xlink:label="lab_omag_NetLossFromDevelopmentStageEntityContinuingOperationsDevelopment" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The portion of profit or loss for the period, net of income taxes, which is from development stage entity continuing operations development.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Income (Loss) Attributable To Noncontrolling Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Add net loss attributable to noncontrolling intersets in Omagine LLC</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Add net loss attributable to noncontrolling interest in Omagine LLC</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Income (Loss) Attributable To Parent</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Net loss attributable to Omagine, Inc.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss" xlink:to="lab_us-gaap_NetIncomeLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Net loss</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">NET LOSS ATTRIBUTABLE TO OMAGINE, INC. - As Restated - Note 10)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income (Loss) From Discontinued Operations, Net Of Tax, Attributable To Parent</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Loss from discontinued operations - Sports Apparel</label>
<label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Loss from discontinued operations - Sports Apparel</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">LOSS FROM DISCONTINUED OPERATIONS - SPORTS APPAREL</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Income (Loss), Including Portion Attributable To Noncontrolling Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss" xlink:to="lab_us-gaap_ProfitLoss"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">NET LOSS</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">NET LOSS ACCUMLATED DURING THE DEVELOPEMNT STAGE</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Dividends, Income Statement Impact</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:to="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Net preferred stock dividends</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Income (Loss) Available To Common Stockholders, Basic</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:to="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">LOSS APPLICABLE TO COMMON STOCKHOLDERS</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">LOSS APPLICABLE TO COMMON STOCKHOLDERS</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasicAndDiluted" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDiluted"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDiluted" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Loss Per Share - Basic and Diluted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDiluted" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDiluted"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDiluted" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">LOSS PER SHARE - BASIC AND DILUTED (in dollars per share)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income (Loss) From Continuing Operations, Per Basic and Diluted Share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">LOSS PER SHARE - CONTINUING OPERATIONS -REAL ESTATE DEVELOPMENT (in dollars per share)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income (Loss) From Discontinued Operations, Net Of Tax, Per Basic and Diluted Share</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">LOSS PER SHARE DISCONTINUED OPERATIONS - SPORTS APPAREL (in dollars per share)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Weighted Average Number Of Shares Outstanding, Diluted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in shares)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Officers and Directors Compensation Stock-Based Compensation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Stock-based compensation included in officers and directors compensation</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_ConsultingFeesStockbasedCompensation" xlink:label="loc_omag_ConsultingFeesStockbasedCompensation"/>
    <label xlink:type="resource" xlink:label="lab_omag_ConsultingFeesStockbasedCompensation" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Consulting Fees Stockbased Compensation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_ConsultingFeesStockbasedCompensation" xlink:to="lab_omag_ConsultingFeesStockbasedCompensation"/>
    <label xlink:type="resource" xlink:label="lab_omag_ConsultingFeesStockbasedCompensation" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Stock-based compensation included in Consulting fees</label>
    <label xlink:type="resource" xlink:label="lab_omag_ConsultingFeesStockbasedCompensation" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statement Of Cash Flows [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Statement of Cash Flows [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash Flows From Operating Activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">CASH FLOWS FROM OPERATING ACTIVITIES:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments To Reconcile Net Loss To Net Cash Flows Used By Operating Activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="lab_us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Adjustments to reconcile net loss to net cash flows used by operating activities:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossIncludingPortionAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Loss Attributable To Noncontrolling Interests In Omagine Llc</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Net loss attributable to noncontrolling interests in Omagine LLC</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossIncludingPortionAttributableToNoncontrollingInterest" xlink:to="lab_us-gaap_IncomeLossIncludingPortionAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeLossIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Net loss attributable to noncontrolling interests in Omagine LLC</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation and Amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationDepletionAndAmortization" xlink:to="lab_us-gaap_DepreciationDepletionAndAmortization"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Depreciation and amortization</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockOptionPlanExpense" xlink:label="loc_us-gaap_StockOptionPlanExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockOptionPlanExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Based Compensation Related To Stock Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockOptionPlanExpense" xlink:to="lab_us-gaap_StockOptionPlanExpense"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockOptionPlanExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Stock based compensation related to stock options</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockForConsultingFees" xlink:label="loc_omag_IssuanceOfCommonStockForConsultingFees"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForConsultingFees" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock For Consulting Fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockForConsultingFees" xlink:to="lab_omag_IssuanceOfCommonStockForConsultingFees"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForConsultingFees" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock for Consulting fees</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForConsultingFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Issuance of Common Stock for Consulting fees.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockForContribution" xlink:label="loc_omag_IssuanceOfCommonStockForContribution"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForContribution" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock For Contribution</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForContribution" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Issuance of Common Stock for 401K Plan contributions</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockForContribution" xlink:to="lab_omag_IssuanceOfCommonStockForContribution"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForContribution" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock For Contributions</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForContribution" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The fair value of stock contributed for 401 K.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockForStockholderInvestor" xlink:label="loc_omag_IssuanceOfCommonStockForStockholderInvestor"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestor" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock For Stockholder Investor</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockForStockholderInvestor" xlink:to="lab_omag_IssuanceOfCommonStockForStockholderInvestor"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestor" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock for stockholder investor relations</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestor" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Issuance of Common Stock for Stockholder investor.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CancellationOfCommonStockIssuedForConsultingServices" xlink:label="loc_omag_CancellationOfCommonStockIssuedForConsultingServices"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockIssuedForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cancellation Of Common Stock Issued For Consulting Services</label>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockIssuedForConsultingServices" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Cancellation of Common Stock issued for consulting services</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CancellationOfCommonStockIssuedForConsultingServices" xlink:to="lab_omag_CancellationOfCommonStockIssuedForConsultingServices"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockIssuedForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cancellation of Common Stock issued for consulting services</label>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockIssuedForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents cancellation of Common Stock issued for consulting services.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFees" xlink:label="loc_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFees"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFees" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock In Satisfaction Of New Seda Commitment Fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFees" xlink:to="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFees"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFees" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock in satisfaction of SEDA commitment fees</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Issuance of Common Stock in satisfaction of New Seda commitment fees.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfStockGrantsToForeignConsultants" xlink:label="loc_omag_IssuanceOfStockGrantsToForeignConsultants"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfStockGrantsToForeignConsultants" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Stock Grants To Foreign Consultants</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfStockGrantsToForeignConsultants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Issuance of stock grants to foreign consultants</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfStockGrantsToForeignConsultants" xlink:to="lab_omag_IssuanceOfStockGrantsToForeignConsultants"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfStockGrantsToForeignConsultants" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Common stock committed to be issued to foreign consultants</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfStockGrantsToForeignConsultants" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The fair value of restricted stock or stock options granted to nonemployees as payment for services rendered or acknowledged claims.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Changes In Operating Assets and Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Changes in operating assets and liabilities:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prepaid Expenses, Other Current Assets and Other Assets</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Prepaid expenses, other current assets and other assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Prepaid expenses, other current assets and other assets</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase (Decrease) In Accounts Receivable</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Accounts Receivable</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivable"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accounts Receivable</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase (Decrease) In Inventories</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Inventories</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInInventories" xlink:to="lab_us-gaap_IncreaseDecreaseInInventories"/>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedSalaries" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase (Decrease) In Accrued Salaries</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedSalaries" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accrued officers' payroll</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase (Decrease) In Accrued Liabilities and Other Operating Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:to="lab_us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accrued expenses and other current liabilities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInCustomerDeposits" xlink:label="loc_us-gaap_IncreaseDecreaseInCustomerDeposits"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInCustomerDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase (Decrease) In Customer Deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInCustomerDeposits" xlink:to="lab_us-gaap_IncreaseDecreaseInCustomerDeposits"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncreaseDecreaseInCustomerDeposits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Customer deposits</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Cash Provided By (Used In) Operating Activities</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Net cash flows used by operating activities</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Net cash flows used by operating activities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash Flows From Investing Activities</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">CASH FLOWS FROM INVESTING ACTIVITIES:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireMachineryAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquireMachineryAndEquipment"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PaymentsToAcquireMachineryAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payments To Acquire Machinery and Equipment</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_PaymentsToAcquireMachineryAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Purchase of equipment</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PaymentsToAcquireMachineryAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Purchase of equipment</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Cash Provided By (Used In) Investing Activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Net cash flows used by investing activities</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Net cash flows used by investing activities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash Flows From Financing Activities</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">CASH FLOWS FROM FINANCING ACTIVITIES:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Loans From Officers and Directors</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Loans from officers and directors</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="loc_us-gaap_ProceedsFromNotesPayable"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromNotesPayable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Convertible Notes Payable</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromNotesPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Proceeds of issuance of convertible notes payable</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromNotesPayable" xlink:to="lab_us-gaap_ProceedsFromNotesPayable"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromNotesPayable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of convertible notes payable</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromIssuanceOrSaleOfEquity" xlink:label="loc_us-gaap_ProceedsFromIssuanceOrSaleOfEquity"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromIssuanceOrSaleOfEquity" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proceeds From Sales Of Common Stock</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromIssuanceOrSaleOfEquity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Proceeds from sale of Common Stock</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_ProceedsFromStockOptionsAndWarrantsExercised" xlink:label="loc_omag_ProceedsFromStockOptionsAndWarrantsExercised"/>
    <label xlink:type="resource" xlink:label="lab_omag_ProceedsFromStockOptionsAndWarrantsExercised" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proceeds From Stock Options and Warrants Exercised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_ProceedsFromStockOptionsAndWarrantsExercised" xlink:to="lab_omag_ProceedsFromStockOptionsAndWarrantsExercised"/>
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    <label xlink:type="resource" xlink:label="lab_omag_ProceedsFromStockOptionsAndWarrantsExercised" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payments For Repurchase Of Common Stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Purchase of Common stock</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Purchase of Common stock</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromContributionsFromAffiliates" xlink:label="loc_us-gaap_ProceedsFromContributionsFromAffiliates"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromContributionsFromAffiliates" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Capital Contributions From Noncontrolling Interests In Omagine Llc</label>
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    <label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromContributionsFromAffiliates" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Capital contributions from noncontrolling interests in Omagine LLC</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Cash Provided By (Used In) Financing Activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Net cash flows provided by financing activities</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Net cash flows provided by financing activities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashPeriodIncreaseDecrease"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CashPeriodIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Increase (Decrease) In Cash</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CashPeriodIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">NET INCREASE (DECREASE) IN CASH</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashPeriodIncreaseDecrease" xlink:to="lab_us-gaap_CashPeriodIncreaseDecrease"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_CashPeriodIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">NET CHANGE INCREASE (DECREASE) IN CASH</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Supplemental Cash Flow Information</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="lab_us-gaap_SupplementalCashFlowInformationAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">SUPPLEMENTAL CASH FLOW INFORMATION:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxesPaid" xlink:label="loc_us-gaap_IncomeTaxesPaid"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeTaxesPaid" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income Taxes Paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaid" xlink:to="lab_us-gaap_IncomeTaxesPaid"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_IncomeTaxesPaid" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Income taxes paid</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestPaid" xlink:label="loc_us-gaap_InterestPaid"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_InterestPaid" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest Paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPaid" xlink:to="lab_us-gaap_InterestPaid"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_InterestPaid" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Interest paid</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_NoncashFinancingActivitiesAbstract" xlink:label="loc_omag_NoncashFinancingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_omag_NoncashFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Noncash Financing Activities Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_NoncashFinancingActivitiesAbstract" xlink:to="lab_omag_NoncashFinancingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:label="lab_omag_NoncashFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">NON - CASH FINANCING ACTIVITIES:</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_AcquisitionOfJourneyOfLightIncThroughIssuanceOfCommonStockAndWarrantsAbstract" xlink:label="loc_omag_AcquisitionOfJourneyOfLightIncThroughIssuanceOfCommonStockAndWarrantsAbstract"/>
    <label xlink:type="resource" xlink:label="lab_omag_AcquisitionOfJourneyOfLightIncThroughIssuanceOfCommonStockAndWarrantsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Acquisition Of Journey Of Light Inc Through Issuance Of Common Stock and Warrants [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_AcquisitionOfJourneyOfLightIncThroughIssuanceOfCommonStockAndWarrantsAbstract" xlink:to="lab_omag_AcquisitionOfJourneyOfLightIncThroughIssuanceOfCommonStockAndWarrantsAbstract"/>
    <label xlink:type="resource" xlink:label="lab_omag_AcquisitionOfJourneyOfLightIncThroughIssuanceOfCommonStockAndWarrantsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Acquisition of Journey of Light , Inc. through issuance of common stock and warrants:</label>
    <label xlink:type="resource" xlink:label="lab_omag_AcquisitionOfJourneyOfLightIncThroughIssuanceOfCommonStockAndWarrantsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Acquisition Of Journey Of Light Inc Through Issuance Of Common Stock and Warrants.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueOfAssetsAcquired" xlink:label="loc_us-gaap_FairValueOfAssetsAcquired"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_FairValueOfAssetsAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Fair Value Of Assets Acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOfAssetsAcquired" xlink:to="lab_us-gaap_FairValueOfAssetsAcquired"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_FairValueOfAssetsAcquired" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Fair value of assets acquired</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_NonCashGoodwillAcquired" xlink:label="loc_omag_NonCashGoodwillAcquired"/>
    <label xlink:type="resource" xlink:label="lab_omag_NonCashGoodwillAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Non Cash Goodwill Acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_NonCashGoodwillAcquired" xlink:to="lab_omag_NonCashGoodwillAcquired"/>
    <label xlink:type="resource" xlink:label="lab_omag_NonCashGoodwillAcquired" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Goodwill acquired</label>
    <label xlink:type="resource" xlink:label="lab_omag_NonCashGoodwillAcquired" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents non cash Goodwill acquired during the period.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAssumed1" xlink:label="loc_us-gaap_LiabilitiesAssumed1"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesAssumed1" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities Assumed</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAssumed1" xlink:to="lab_us-gaap_LiabilitiesAssumed1"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_LiabilitiesAssumed1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Fair value of liabilities assumed</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_AcquisitionOfJourneyOfLightThroughIssuanceOfCommonStockAndWarrants" xlink:label="loc_omag_AcquisitionOfJourneyOfLightThroughIssuanceOfCommonStockAndWarrants"/>
    <label xlink:type="resource" xlink:label="lab_omag_AcquisitionOfJourneyOfLightThroughIssuanceOfCommonStockAndWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Acquisition Of Journey Of Light Through Issuance Of Common Stock and Warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_AcquisitionOfJourneyOfLightThroughIssuanceOfCommonStockAndWarrants" xlink:to="lab_omag_AcquisitionOfJourneyOfLightThroughIssuanceOfCommonStockAndWarrants"/>
    <label xlink:type="resource" xlink:label="lab_omag_AcquisitionOfJourneyOfLightThroughIssuanceOfCommonStockAndWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Acquisition of Journey of Light through issuance of common stock and warrants.</label>
    <label xlink:type="resource" xlink:label="lab_omag_AcquisitionOfJourneyOfLightThroughIssuanceOfCommonStockAndWarrants" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Acquisition Of Journey Of Light Through Issuance Of Common Stock and Warrants, total</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfConvertibleNotesInSatisfactionOfAccruedOfficerPayroll" xlink:label="loc_omag_IssuanceOfConvertibleNotesInSatisfactionOfAccruedOfficerPayroll"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfConvertibleNotesInSatisfactionOfAccruedOfficerPayroll" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Convertible Notes In Satisfaction Of Accrued Officer Payroll</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfConvertibleNotesInSatisfactionOfAccruedOfficerPayroll" xlink:to="lab_omag_IssuanceOfConvertibleNotesInSatisfactionOfAccruedOfficerPayroll"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfConvertibleNotesInSatisfactionOfAccruedOfficerPayroll" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of convertible notes in satisfaction of accrued officer payroll</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfConvertibleNotesInSatisfactionOfAccruedOfficerPayroll" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Issuance of convertible notes in satisfaction of accrued officer payroll.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockOnConversionOfDebenturesAndAccruedInterest" xlink:label="loc_omag_IssuanceOfCommonStockOnConversionOfDebenturesAndAccruedInterest"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockOnConversionOfDebenturesAndAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock On Conversion Of Debentures and Accrued Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockOnConversionOfDebenturesAndAccruedInterest" xlink:to="lab_omag_IssuanceOfCommonStockOnConversionOfDebenturesAndAccruedInterest"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockOnConversionOfDebenturesAndAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock on conversion of Debentures and accrued interest</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockOnConversionOfDebenturesAndAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Issuance of Common Stock on conversion of Debentures and accrued interest.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockInPaymentOfAccountsPayable" xlink:label="loc_omag_IssuanceOfCommonStockInPaymentOfAccountsPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock In Payment Of Accounts Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockInPaymentOfAccountsPayable" xlink:to="lab_omag_IssuanceOfCommonStockInPaymentOfAccountsPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock in payment of accounts payable</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Issuance of Common Stock in payment of accounts payable.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_PreferredStockDividendPaidInCommonStock" xlink:label="loc_omag_PreferredStockDividendPaidInCommonStock"/>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockDividendPaidInCommonStock" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Dividend Paid In Common Stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_PreferredStockDividendPaidInCommonStock" xlink:to="lab_omag_PreferredStockDividendPaidInCommonStock"/>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockDividendPaidInCommonStock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock dividend paid in Common Stock</label>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockDividendPaidInCommonStock" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Preferred stock dividend paid in Common Stock.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockToTwoOfficersPursuantToExerciseOfStockOptionsGrantedSatisfiedByReductionOfSalariesPayableToThem" xlink:label="loc_omag_IssuanceOfCommonStockToTwoOfficersPursuantToExerciseOfStockOptionsGrantedSatisfiedByReductionOfSalariesPayableToThem"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockToTwoOfficersPursuantToExerciseOfStockOptionsGrantedSatisfiedByReductionOfSalariesPayableToThem" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock To Two Officers Pursuant To Exercise Of Stock Options Granted Satisfied By Reduction Of Salaries Payable To Them</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockToTwoOfficersPursuantToExerciseOfStockOptionsGrantedSatisfiedByReductionOfSalariesPayableToThem" xlink:to="lab_omag_IssuanceOfCommonStockToTwoOfficersPursuantToExerciseOfStockOptionsGrantedSatisfiedByReductionOfSalariesPayableToThem"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockToTwoOfficersPursuantToExerciseOfStockOptionsGrantedSatisfiedByReductionOfSalariesPayableToThem" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock to two officers,pursuant to exercise of stock options granted,satisfied by the reduction of salaries payable to them</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockToTwoOfficersPursuantToExerciseOfStockOptionsGrantedSatisfiedByReductionOfSalariesPayableToThem" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Issuance of Common Stock to two officers,pursuant to exercise of stock options granted,satisfied by the reduction of salaries payable to them.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockInSatisfactionOfSalariesPayable" xlink:label="loc_omag_IssuanceOfCommonStockInSatisfactionOfSalariesPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock In Satisfaction Of Salaries Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockInSatisfactionOfSalariesPayable" xlink:to="lab_omag_IssuanceOfCommonStockInSatisfactionOfSalariesPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of Common Stock in satisfaction of salaries payable</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount represents Issuance of Common Stock in satisfaction of salaries payable.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statement Of Stockholders' Equity [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">us-gaap_StatementOfStockholdersEquityAbstract</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StatementEquityComponentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statement, Equity Components [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis" xlink:to="lab_us-gaap_StatementEquityComponentsAxis"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StatementEquityComponentsAxis" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Statement, Equity Components [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_EquityComponentDomain" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Equity Component [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain" xlink:to="lab_us-gaap_EquityComponentDomain"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_EquityComponentDomain" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Equity Component [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="loc_us-gaap_PreferredStockMember"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockMember" xlink:to="lab_us-gaap_PreferredStockMember"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred Stock</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Capital In Excess Par Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember"/>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_DeficitAccumulatedPriorToDevelopmentStageMember" xlink:label="loc_omag_DeficitAccumulatedPriorToDevelopmentStageMember"/>
    <label xlink:type="resource" xlink:label="lab_omag_DeficitAccumulatedPriorToDevelopmentStageMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Deficit Accumulated Prior To Development Stage [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_DeficitAccumulatedPriorToDevelopmentStageMember" xlink:to="lab_omag_DeficitAccumulatedPriorToDevelopmentStageMember"/>
    <label xlink:type="resource" xlink:label="lab_omag_DeficitAccumulatedPriorToDevelopmentStageMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Deficit Accumulated Prior to Development Stage Commencing October 11, 2005</label>
    <label xlink:type="resource" xlink:label="lab_omag_DeficitAccumulatedPriorToDevelopmentStageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Deficit Accumulated Prior to Development Stage.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedDeficitDuringDevelopmentStageMember" xlink:label="loc_us-gaap_AccumulatedDeficitDuringDevelopmentStageMember"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AccumulatedDeficitDuringDevelopmentStageMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accumulated Deficit During Development Stage [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDeficitDuringDevelopmentStageMember" xlink:to="lab_us-gaap_AccumulatedDeficitDuringDevelopmentStageMember"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AccumulatedDeficitDuringDevelopmentStageMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Deficit Accumulated During the Development Stage Commencing October 11,2005</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_NoncontrollingInterestMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Noncontrolling Interests In Omagine Llc</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember" xlink:to="lab_us-gaap_NoncontrollingInterestMember"/>



    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CommonStockIssuedAndOutstandingMember" xlink:label="loc_omag_CommonStockIssuedAndOutstandingMember"/>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockIssuedAndOutstandingMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Stock Issued and Outstanding [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CommonStockIssuedAndOutstandingMember" xlink:to="lab_omag_CommonStockIssuedAndOutstandingMember"/>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockIssuedAndOutstandingMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issued and Outstanding</label>
    <label xlink:type="resource" xlink:label="lab_omag_CommonStockIssuedAndOutstandingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Classification of common stock that is issued and outstanding.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_SharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Shares, Outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesOutstanding" xlink:to="lab_us-gaap_SharesOutstanding"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_SharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Balances, beginning, shares</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_SharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balances (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_us-gaap_SharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balances (in shares)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueIssuedForServices" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueIssuedForServices"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueIssuedForServices" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period, Value, Issued For Services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueIssuedForServices" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueIssuedForServices"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueIssuedForServices" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock for consulting services</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesIssuedForServices"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period, Shares, Issued For Services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesIssuedForServices"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock for consulting services (in shares)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockSplits" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockSplits"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockSplits" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustment For Stock Splits, Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockSplits" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockSplits"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockSplits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Adjustment for stock splits (in shares)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Common Stock For Cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock for cash</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Common Stock For Cash, Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock for cash (in shares)</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_PurchaseOfCommonStockForCashValue" xlink:label="loc_omag_PurchaseOfCommonStockForCashValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_PurchaseOfCommonStockForCashValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Purchase Of Common Stock For Cash Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_PurchaseOfCommonStockForCashValue" xlink:to="lab_omag_PurchaseOfCommonStockForCashValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_PurchaseOfCommonStockForCashValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Purchase of common stock for cash</label>
    <label xlink:type="resource" xlink:label="lab_omag_PurchaseOfCommonStockForCashValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents value of purchase of common stock for cash.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_PurchaseOfCommonStockForCashShares" xlink:label="loc_omag_PurchaseOfCommonStockForCashShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_PurchaseOfCommonStockForCashShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Purchase Of Common Stock For Cash Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_PurchaseOfCommonStockForCashShares" xlink:to="lab_omag_PurchaseOfCommonStockForCashShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_PurchaseOfCommonStockForCashShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Purchase of common stock for cash (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_PurchaseOfCommonStockForCashShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents shares of common stock purchased for cash.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodValueConversionOfDebt" xlink:label="loc_omag_StockIssuedDuringPeriodValueConversionOfDebt"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueConversionOfDebt" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Value Conversion Of Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodValueConversionOfDebt" xlink:to="lab_omag_StockIssuedDuringPeriodValueConversionOfDebt"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueConversionOfDebt" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock upon conversion of debentures</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueConversionOfDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The gross value of stock issued during the period upon the conversion of debt.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodSharesConversionOfDebt" xlink:label="loc_omag_StockIssuedDuringPeriodSharesConversionOfDebt"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesConversionOfDebt" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Shares Conversion Of Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodSharesConversionOfDebt" xlink:to="lab_omag_StockIssuedDuringPeriodSharesConversionOfDebt"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesConversionOfDebt" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock upon conversion of debentures (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesConversionOfDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents number of shares issued upon conversion of debentures.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodValueInPaymentOfAccountsPayable" xlink:label="loc_omag_StockIssuedDuringPeriodValueInPaymentOfAccountsPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Value In Payment Of Accounts Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodValueInPaymentOfAccountsPayable" xlink:to="lab_omag_StockIssuedDuringPeriodValueInPaymentOfAccountsPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock in payment of accounts payable</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Value of stock issuance in payment of accounts payable.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodSharesInPaymentOfAccountsPayable" xlink:label="loc_omag_StockIssuedDuringPeriodSharesInPaymentOfAccountsPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Shares In Payment Of Accounts Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodSharesInPaymentOfAccountsPayable" xlink:to="lab_omag_StockIssuedDuringPeriodSharesInPaymentOfAccountsPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock in payment of accounts payable (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesInPaymentOfAccountsPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents number of shares issued in payment of accounts payable.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodValueUponExeriseOfWarrants" xlink:label="loc_omag_StockIssuedDuringPeriodValueUponExeriseOfWarrants"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueUponExeriseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Value Upon Exerise Of Warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodValueUponExeriseOfWarrants" xlink:to="lab_omag_StockIssuedDuringPeriodValueUponExeriseOfWarrants"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueUponExeriseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock upon exercise of warrants</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueUponExeriseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents value of issuance of common stock upon exercise of warrants.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodSharesUponExeriseOfWarrants" xlink:label="loc_omag_StockIssuedDuringPeriodSharesUponExeriseOfWarrants"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesUponExeriseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Shares Upon Exerise Of Warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodSharesUponExeriseOfWarrants" xlink:to="lab_omag_StockIssuedDuringPeriodSharesUponExeriseOfWarrants"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesUponExeriseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock upon exercise of warrants (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesUponExeriseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Number of shares of common stock issued upon exercise of warrants.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_PreferredStockAndDividendsConvertedToCommonStockValue" xlink:label="loc_omag_PreferredStockAndDividendsConvertedToCommonStockValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockAndDividendsConvertedToCommonStockValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock and Dividends Converted To Common Stock Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_PreferredStockAndDividendsConvertedToCommonStockValue" xlink:to="lab_omag_PreferredStockAndDividendsConvertedToCommonStockValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockAndDividendsConvertedToCommonStockValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock and dividends converted to common stock</label>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockAndDividendsConvertedToCommonStockValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represent Amount Preferred stock and dividends converted to common stock value.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_PreferredStockAndDividendsConvertedToCommonStockShare" xlink:label="loc_omag_PreferredStockAndDividendsConvertedToCommonStockShare"/>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockAndDividendsConvertedToCommonStockShare" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock and Dividends Converted To Common Stock Share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_PreferredStockAndDividendsConvertedToCommonStockShare" xlink:to="lab_omag_PreferredStockAndDividendsConvertedToCommonStockShare"/>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockAndDividendsConvertedToCommonStockShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock and dividends converted to common stock</label>
    <label xlink:type="resource" xlink:label="lab_omag_PreferredStockAndDividendsConvertedToCommonStockShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represent number of Preferred stock and dividends converted to common stock.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CancellationOfCommonStockValueForConsultingServices" xlink:label="loc_omag_CancellationOfCommonStockValueForConsultingServices"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockValueForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cancellation Of Common Stock Value For Consulting Services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CancellationOfCommonStockValueForConsultingServices" xlink:to="lab_omag_CancellationOfCommonStockValueForConsultingServices"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockValueForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cancellation of common stock issued for consulting services</label>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockValueForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents value for cancellation of common stock issued for consulting services.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CancellationOfCommonStockSharesForConsultingServices" xlink:label="loc_omag_CancellationOfCommonStockSharesForConsultingServices"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockSharesForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cancellation Of Common Stock Shares For Consulting Services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CancellationOfCommonStockSharesForConsultingServices" xlink:to="lab_omag_CancellationOfCommonStockSharesForConsultingServices"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockSharesForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cancellation of common stock issued for consulting services (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockSharesForConsultingServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents number of cancellation of common stock issued for consulting services.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period, Value, Conversion Of Convertible Securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Conversion of preferred stock for common stock</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period, Shares, Conversion Of Convertible Securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Conversion of preferred stock for common stock (in shares)</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueStockDividend"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period, Value, Stock Dividend</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of preferred stock dividends in common stock</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments To Additional Paid In Capital, Convertible Debt With Conversion Feature</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature" xlink:to="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Beneficial conversion feature of Convertible Debenture</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments To Additional Paid In Capital, Warrant Issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued" xlink:to="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Value of warrant attached to Convertible Debenture</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockDividendsShares" xlink:label="loc_us-gaap_PreferredStockDividendsShares"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockDividendsShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Dividends, Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendsShares" xlink:to="lab_us-gaap_PreferredStockDividendsShares"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_PreferredStockDividendsShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of preferred stock dividends in common stock (shares)</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_AdjustmentToDevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStageReductionOfPreferredStockDividendsAccrual" xlink:label="loc_omag_AdjustmentToDevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStageReductionOfPreferredStockDividendsAccrual"/>
    <label xlink:type="resource" xlink:label="lab_omag_AdjustmentToDevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStageReductionOfPreferredStockDividendsAccrual" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustment To Development Stage Enterprise Deficit Accumulated During Development Stage Reduction Of Preferred Stock Dividends Accrual</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_AdjustmentToDevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStageReductionOfPreferredStockDividendsAccrual" xlink:to="lab_omag_AdjustmentToDevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStageReductionOfPreferredStockDividendsAccrual"/>
    <label xlink:type="resource" xlink:label="lab_omag_AdjustmentToDevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStageReductionOfPreferredStockDividendsAccrual" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Reduction of preferred stock dividends accrual</label>
    <label xlink:type="resource" xlink:label="lab_omag_AdjustmentToDevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStageReductionOfPreferredStockDividendsAccrual" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents reduction of preferred stock dividends accrual.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Contribution Of Common Stock To 401k Plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Contribution of common stock to 401(k) Plan</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesEmployeeBenefitPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesEmployeeBenefitPlan"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Contribution Of Common Stock To 401k Plan, Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesEmployeeBenefitPlan" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesEmployeeBenefitPlan"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Contribution of common stock to 401(k) Plan (in shares)</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodValueIssuedInPaymentOfSalariesPayable" xlink:label="loc_omag_StockIssuedDuringPeriodValueIssuedInPaymentOfSalariesPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueIssuedInPaymentOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Value Issued In Payment Of Salaries Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodValueIssuedInPaymentOfSalariesPayable" xlink:to="lab_omag_StockIssuedDuringPeriodValueIssuedInPaymentOfSalariesPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueIssuedInPaymentOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock in payment of salaries payable</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodValueIssuedInPaymentOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents value for issuance of common stock in payment of salaries payable.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockIssuedDuringPeriodSharesIssuedInPaymentOfSalariesPayable" xlink:label="loc_omag_StockIssuedDuringPeriodSharesIssuedInPaymentOfSalariesPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesIssuedInPaymentOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Issued During Period Shares Issued In Payment Of Salaries Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockIssuedDuringPeriodSharesIssuedInPaymentOfSalariesPayable" xlink:to="lab_omag_StockIssuedDuringPeriodSharesIssuedInPaymentOfSalariesPayable"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesIssuedInPaymentOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock in payment of salaries payable (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockIssuedDuringPeriodSharesIssuedInPaymentOfSalariesPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represnts number of shares issued in payment of salaries payable.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockForStockholderInvestorRelations" xlink:label="loc_omag_IssuanceOfCommonStockForStockholderInvestorRelations"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelations" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock For Stockholder Investor Relations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockForStockholderInvestorRelations" xlink:to="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelations"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock for stockholder investor relations</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelations" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The value of Common Stock issued for Stockholder Investor Relations.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockForStockholderInvestorRelationsShares" xlink:label="loc_omag_IssuanceOfCommonStockForStockholderInvestorRelationsShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelationsShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock For Stockholder Investor Relations, Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockForStockholderInvestorRelationsShares" xlink:to="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelationsShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelationsShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock for stockholder investor relations (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockForStockholderInvestorRelationsShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of shares of Common Stock issued for Stockholder Investor Relations.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFeesShares" xlink:label="loc_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFeesShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFeesShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance Of Common Stock In Satisfaction Of New Seda Commitment Fees, Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFeesShares" xlink:to="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFeesShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFeesShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock for SEDA commitment fees (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_IssuanceOfCommonStockInSatisfactionOfNewSedaCommitmentFeesShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of shares issued in satisfaction of New Seda commitment fees.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CancellationOfCommonStockValue" xlink:label="loc_omag_CancellationOfCommonStockValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cancellation Of Common Stock Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CancellationOfCommonStockValue" xlink:to="lab_omag_CancellationOfCommonStockValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cancellation of common stock</label>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents value for cancellation of common stock.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_CancellationOfCommonStockShares" xlink:label="loc_omag_CancellationOfCommonStockShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cancellation Of Common Stock Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_CancellationOfCommonStockShares" xlink:to="lab_omag_CancellationOfCommonStockShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cancellation of common stock (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_CancellationOfCommonStockShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents number of shares of common stock cancelled.</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Option Expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition" xlink:to="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Stock option expense</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DividendsPreferredStockStock" xlink:label="loc_us-gaap_DividendsPreferredStockStock"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DividendsPreferredStockStock" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dividends, Preferred Stock, Stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStockStock" xlink:to="lab_us-gaap_DividendsPreferredStockStock"/>
    <label xlink:type="resource" xlink:label="lab_us-gaap_DividendsPreferredStockStock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Preferred stock dividends</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_SaleOfStockUnderStockEquityDistributionAgreement" xlink:label="loc_omag_SaleOfStockUnderStockEquityDistributionAgreement"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfStockUnderStockEquityDistributionAgreement" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Stock Under Stock Equity Distribution Agreement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_SaleOfStockUnderStockEquityDistributionAgreement" xlink:to="lab_omag_SaleOfStockUnderStockEquityDistributionAgreement"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfStockUnderStockEquityDistributionAgreement" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Sale of stock under Stock Equity Distribution Agreement</label>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfStockUnderStockEquityDistributionAgreement" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The value of stock sold under Stock Equity Distribution Agreement.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_SaleOfStockUnderStockEquityDistributionAgreementShares" xlink:label="loc_omag_SaleOfStockUnderStockEquityDistributionAgreementShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfStockUnderStockEquityDistributionAgreementShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Stock Under Stock Equity Distribution Agreement, Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_SaleOfStockUnderStockEquityDistributionAgreementShares" xlink:to="lab_omag_SaleOfStockUnderStockEquityDistributionAgreementShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfStockUnderStockEquityDistributionAgreementShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Sale of stock under Stock Equity Distribution Agreement (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfStockUnderStockEquityDistributionAgreementShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of shares of stock issued under Stock Equity Distribution Agreement.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSeda" xlink:label="loc_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSeda"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSeda" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Common Stock Under Old Standby Equity Distribution Agreement Old Seda</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSeda" xlink:to="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSeda"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSeda" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Sale of stock under Stock Equity Distribution Agreement (Old)</label>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSeda" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Sale of Common Stock under Old Standby EquityDistribution Agreement (Old SEDA).</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSedaShares" xlink:label="loc_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSedaShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSedaShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Common Stock Under Old Standby Equity Distribution Agreement Old Seda Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSedaShares" xlink:to="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSedaShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSedaShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Sale of stock under Stock Equity Distribution Agreement (Old) (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderOldStandbyEquityDistributionAgreementOldSedaShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of shares sold in satisfaction of old Seda commitment fees.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSeda" xlink:label="loc_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSeda"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSeda" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Common Stock Under New Standby Equity Distribution Agreement (New Seda)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSeda" xlink:to="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSeda"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSeda" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Sale of stock under Stock Equity Distribution Agreement (New)</label>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSeda" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Sale of Common Stock under New Standby Equity Distribution Agreement (New SEDA).</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSedaShares" xlink:label="loc_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSedaShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSedaShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sale Of Common Stock Under New Standby Equity Distribution Agreement (New Seda), Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSedaShares" xlink:to="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSedaShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSedaShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Sale of stock under Stock Equity Distribution Agreement (New) (in shares)</label>
    <label xlink:type="resource" xlink:label="lab_omag_SaleOfCommonStockUnderNewStandbyEquityDistributionAgreementNewSedaShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Sale of Common Stock under New Standby Equity Distribution Agreement (New SEDA), shares.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockGrantToConsultantValue" xlink:label="loc_omag_StockGrantToConsultantValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockGrantToConsultantValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Grant To Consultant Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockGrantToConsultantValue" xlink:to="lab_omag_StockGrantToConsultantValue"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockGrantToConsultantValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Stock grant to consultant</label>
    <label xlink:type="resource" xlink:label="lab_omag_StockGrantToConsultantValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represent amount Stock issue grant to consultant.</label>
    <loc xlink:type="locator" xlink:href="omag-20111231.xsd#omag_StockGrantToConsultantShares" xlink:label="loc_omag_StockGrantToConsultantShares"/>
    <label xlink:type="resource" xlink:label="lab_omag_StockGrantToConsultantShares" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock Grant To Consultant Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_omag_StockGrantToConsultantShares" xlink:to="lab_omag_StockGrantToConsultantShares"/>
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    <label xlink:type="resource" xlink:label="lab_omag_StockGrantToConsultantShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represent number of Stock grant to consultant.</label>
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