UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                            Washington, DC 20549

                                FORM 10-QSB

               Quarterly Report Under Section 13 or 15(d) of
                    the Securities Exchange Act of 1934

For the Quarter Ended                                Commission File Number
   June 30, 2005                                              333-51180

                         OMEGA VENTURES GROUP, INC.
                  ----------------------------------------
           (Exact name of registrant as specified in its charter)

                                   NEVADA
                               -------------
       (State or other jurisdiction of incorporation or organization)

                                 87-0661638
                                ------------
                    (I.R.S. Employer Identification No.)

       136 East South Temple, Suite 1600, Salt Lake City, Utah 84111
      ---------------------------------------------------------------
                  (Address of principal executive offices)

                               (801) 363-2599
                              ---------------
            (Registrant's telephone number, including area code)

Securities registered pursuant to Section 12 (b) of the Act:

                                    None
                                   -----

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.

     X  Yes         No
   -----       -----

State the number of shares outstanding of each of the registrants classes
of common equity, as of the latest practicable date.

Common stock, par value $.001; 49,354,332 shares outstanding as of August
15, 2005
                       PART I   FINANCIAL INFORMATION

Item 1. Financial Statements

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
                        CONSOLIDATED BALANCE SHEETS
                    June 30, 2005 and December 31, 2004
<Table>
<Caption>
                                                  (unaudited)
                                                      Jun 30,       Dec 31,
                                                         2005          2004
                                                 ------------  ------------
<S>                                              <C>           <C>
                                   ASSETS
CURRENT ASSETS
 Cash                                            $     1,601   $       608
                                                 ------------  ------------
   Total Current Assets                                1,601           608
                                                 ------------  ------------

FURNITURE AND EQUIPMENT -
 net of accumulated depreciation                       5,072         6,772
                                                 ------------  ------------
OTHER ASSETS
 Surety deposit                                       24,967        24,967
 Web site - net of accumulated amortization             -            3,017
 Deposit on land purchase                             10,000          -
 Land                                                131,500       131,500
                                                 ------------  ------------
                                                     166,467       159,484
                                                 ------------  ------------
                                                 $   173,140   $   166,864
                                                 ============  ============

                  LIABILITIES AND STOCKHOLDERS' DEFICIENCY

CURRENT LIABILITIES
 Notes payable   land                            $   116,456   $   115,072
 Accounts payable - affiliates                       120,933       125,587
 Accounts payable - related party                     16,960         6,960
 Accounts payable                                     92,097        73,352
                                                 ------------  ------------
   Total Current Liabilities                         346,446       320,971
                                                 ------------  ------------

STOCKHOLDERS' DEFICIENCY
 Preferred stock
  100,000,000 shares authorized, at $.001 par
   value - none issued                                  -             -
 Common stock
  400,000,000 shares authorized, at $.001
  par value; 49,339,597 shares issued and
  outstanding on June 30, 2005                        49,340        42,990
 Capital in excess of par value                      962,944       714,294
 Stock subscriptions receivable                     (250,000)         -
 Deficit accumulated during the development
  stage                                             (935,590)     (911,391)
                                                 ------------  ------------
   Total Stockholders' Deficit                      (173,306)     (154,107)
                                                 ------------  ------------
                                                 $   173,140   $   166,864
                                                 ============  ============

</Table>

 The accompanying notes are an integral part of these financial statements


                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
                   STATEMENT OF OPERATIONS - (unaudited)
     For the Three and Six Months Ended June 30, 2005 and 2004 and the
       Period September 19, 2000 (Date of Inception) to June 30, 2005

<Table>
<Caption>

                         Three Months                  Six Months          Sept 19,
                     Jun 30,      Jun 30,       Jun 30,       Jun 30,      2000 to
                     2005          2004          2005          2004      Jun 30, 2005
                  ------------ ------------  ------------  ------------  ------------
<S>               <C>          <C>           <C>           <C>           <C>
REVENUES          $      -     $      -       $     -      $    -        $      -
                  ------------ ------------  ------------  ------------  ------------

EXPENSES
 Market
  development           -           11,818          -           19,360       387,988
 Depreciation &
  amortization          1,100        1,092         2,200         2,184        12,522
 Administrative         6,536       18,153        15,615        25,294       453,747
 Exploration            -            8,250          -           23,250        41,584
 Development of
  web site -
  preliminary
  project stage          -            -             -             -           25,000
                  ------------ ------------  ------------  ------------  ------------
NET LOSS - before
other expense          (7,636)     (39,313)      (17,815)      (70,088)     (920,841)

OTHER EXPENSE
 Interest income         -              95          -               95           273
 Interest expense      (3,220)      (1,408)       (6,384)       (3,323)      (15,022)
                  ------------ ------------  ------------  ------------  ------------
NET LOSS          $   (10,856) $   (40,626)  $   (24,199)  $   (73,316)  $  (935,590)
                  ============ ============  ============  ============  ============

NET LOSS PER
COMMON SHARE
 Basic             $     -      $     -       $     -        $    -

AVERAGE OUTSTANDING SHARES
(stated in 1,000's)
 Basic                 49,340       40,492        46,165        39,853
 Diluted               54,439       45,591        51,264        44,952



</Table>


 The accompanying notes are an integral part of these financial statements

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
                STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
           For the Period September 19, 2000 (Date of Inception)
                             to June  30, 2005

<Table>
<Caption>
                                                            Capital in
                                       Common Stock          Excess of   Accumulated
                                  Shares         Amount      Par Value      Deficit
                               ------------  ------------  ------------  ------------
<S>                            <C>           <C>           <C>           <C>
Balance September 19, 2000               -             -            -          -

Issuance of common stock for
 cash at $.001 - September
 19, 2000                        16,000,000        16,000         -            -
Issuance of common stock for
 web site - September 25,
 2000 - Note 3                    6,000,000         6,000       19,000          -
Issuance of common stock for
 cash at  $.01 - October 10,
 2000                             5,000,000         5,000       44,810           -
Net operating loss for the
 period September 19, 2000
 to December 31, 2000                     -             -           -       (47,010)
Issuance of common stock for
 cash at $.0012 - January 2001    2,500,000         2,500           500           -
Net operating loss for the year
 ended December 31, 2001                 -              -            -       (11,639)
Issuance of common stock for
 cash at $.10 - net of offering
 costs - July 22, 2002            5,098,500         5,099       405,735            -
Net operating loss for year
 ended December 31, 2002                 -             -             -      (389,097)
Issuance of common stock for
 services at $.04 - January
 through March 2003 - net of
 cancellations                    1,750,000         1,750        68,250            -
Issuance of common stock for
 expenses at $.02 - March 27,
 2003                               125,000           125         2,375             -
Issuance of common stock for
 cash at $.15 - May 30, 2003        200,000           200        29,800
Issuance of common stock for
 cash at $.023 - October 20,
 2003                             2,500,000         2,500        55,140             -
Issuance of common stock for
 expenses at $.01 - December
 2, 2003                            300,000           300         2,700             -
Return and cancellation of
 common stock - December 2003     (500,000)         (500)           500             -
Net operating loss for the year
 ended December 31, 2003                                                    (342,721)
                               ------------  ------------  ------------  ------------
Balance December 31, 2003        38,973,500        38,974       628,810     (790,467)


</Table>


 The accompanying notes are an integral part of these financial statements

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
          STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - continued
           For the Period September 19, 2000 (Date of Inception)
                             to June  30, 2005


<Table>
<Caption>
                                                            Capital in
                                       Common Stock          Excess of   Accumulated
                                  Shares         Amount      Par Value      Deficit
                               ------------  ------------  ------------  ------------
<S>                            <C>           <C>           <C>           <C>

Issuance of common stock for
 cash at $.015 - February 20,
 2004                             1,000,000         1,000        14,000            -
Issuance of common stock for
 expenses at $.03 - June 2,
 2004                             1,543,232         1,543        44,567            -
Issuance of common stock for
 expenses at $.02 - August 25,
 2004                             1,122,865         1,123        21,334            -
Issuance of common stock for
 expenses at $.017 - October
 13, 2004                           350,000           350         5,583            -
Net operating loss for the year
 ended December 31, 2004              -             -             -         (120,924)
                               ------------  ------------  ------------  ------------
Balance December  31,  2004 -
audited                          42,989,597        42,990       714,294     (911,391)

Issuance of common stock for
 expenses at $.02 - March 2005      250,000           250         4,750             -
Issuance of common stock for
 subscription receivable - net
 of cost - March 2005             6,100,000         6,100       243,900             -
Net operating loss for the six
 months ended June 30, 2005              -              -            -       (24,199)
                               ------------  ------------  ------------  ------------
Balance June 30, 2005 -
 unaudited                      49,339,597   $    49,340   $   962,944   $  (935,590)
                               ============  ============  ============  ============

</Table>

 The accompanying notes are an integral part of these financial statements

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
             CONSOLIDATED STATEMENTS OF CASH FLOWS - unaudited
       For the Six Months Ended June 30, 2005 and 2004 and the Period
          September 19, 2000 (Date of Inception) to June 30, 2005

<Table>
<Caption>

                                                                   Sept 19, 2000
                                           Jun 30,       Jun 30,     to Jun 30,
                                            2005          2004          2005
                                        ------------  ------------  ------------
<S>                                     <C>           <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES
 Net loss                                 $ (24,199)    $ (73,316)   $ (935,590)
 Adjustments to reconcile net loss to
  net cash provided by operating
  activities
   Depreciation & amortization                2,200         2,184        12,522
   Change in deposits                          -             (386)         -
   Change in web site                         2,517          -            2,517
   Change in accounts payable                25,475        57,015       231,375
   Issuance of capital stock for web site      -             -           25,000
   Issuance of capital stock for services     5,000        46,110       155,000
                                        ------------  ------------  ------------
Net Decrease in Cash From Operations         10,993        31,607      (509,176)
                                        ------------  ------------  ------------

CASH FLOWS FROM INVESTING ACTIVITIES
 Surety deposit                                -             -          (24,968)
 Purchase of web site                          -             -           (5,027)
 Purchase land and deposit                  (10,000)      (52,100)     (141,500)
 Purchase of equipment                         -             -          (15,084)
                                        ------------  ------------  ------------
                                            (15,000)      (52,100)     (186,579)
                                        ------------  ------------  ------------
CASH FLOWS FROM FINANCING ACTIVITIES
 Change in note payable                        -             -          115,072
 Net proceeds from issuance of common
  stock                                        -           20,117       582,284
                                        ------------  ------------  ------------
                                               -           20,117       697,356
                                        ------------  ------------  ------------
   Net change in Cash                           993          (376)        1,601

   Cash at Beginning of Period                  608         1,006          -
                                        ------------  ------------  ------------
   Cash at End of Period                $     1,601   $       630   $     1,601
                                        ============  ============  ============

NON CASH FLOWS FROM OPERATING ACTIVITIES
 Issuance of  6,000,000 common shares
  for web site - 2000                   $    25,000
                                        ------------
 Issuance of 2,175,000 common shares
  for services - 2003                        75,500
                                        ------------
 Issuance of 3,016,097 common shares
  for services and expenses - 2004           74,500
                                        ------------
 Issuance of 250,000 common shares for
  expenses - 2005                             5,000
                                        ------------
</Table>

 The accompanying notes are an integral part of these financial statements.

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
                       NOTES TO FINANCIAL STATEMENTS
                               June 30, 2005

1. ORGANIZATION

The Company was incorporated under the laws of the State of Nevada on
September 19, 2000 with the name "Office Managers, Inc" with authorized
common stock of 50,000,000 shares at $0.001 par value. On November 13, 2003
the name was changed to "Omega Ventures Group, Inc." in connection with an
increase in the authorized common stock to 400,000,000 shares, with the
same par value, and the addition of authorized preferred shares of
100,000,000 shares with a par value of $.001. No terms have been determined
for the preferred stock and no shares have been issued.

The Company was organized for the purpose of acquiring and developing a web
site on the World Wide Web devoted exclusively to office managers for the
purpose of delivering office products and related professional services
over the internet, however, the activity was discontinued in June 2005.

On February 13, 2003 the Company organized "Vogue Environmental Solutions,
Inc". a wholly owned subsidiary.  Vogue has no assets or liabilities and no
operations.  On August 20, 2003 the Company organized "Western Gas
Corporation", a wholly owned subsidiary for the purpose of the acquisition
and exploration of oil and gas leases.  On November 24, 2003 the Company
organized "Arizona Land Corporation", a wholly owned subsidiary, for the
purpose of engaging in land investment and development.

The Company is in the development stage.

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Accounting Methods
------------------

The Company recognizes income and expenses based on the accrual method of
accounting.

Dividend Policy
---------------

The Company has not adopted a policy regarding payment of dividends.

Basic and Dilutive Net Income (Loss) Per Share
----------------------------------------------

Basic net income (loss) per share amounts are computed based on the
weighted average number of shares actually outstanding. Diluted net income
(loss) per share amounts are computed using the weighted average number of
common shares and common equivalent shares outstanding as if shares had
been issued on the exercise of any common share rights unless the exercise
becomes antidilutive and then only the basic per share amounts are shown in
the report.

The dilutive common shares include 5,098,500 shares that may be issued in
the future.


                 OMEGA VENTURES GROUP, INC.  AND SUBSIDIARY
                        (Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                               June 30, 2005

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued

Income Taxes
------------

The Company utilizes the liability method of accounting for income taxes.
Under the liability method deferred tax assets and liabilities are
determined based on the differences between financial reporting and the tax
bases of the assets and liabilities and are measured using the enacted tax
rates and laws that will be in effect, when the differences are expected to
reverse.  An allowance against deferred tax assets is recorded, when it is
more likely than not, that such tax benefits will not be realized.

On June 30, 2005, the Company and its subsidiaries had a net operating loss
available for carry forward of $935,590.  The income tax benefit of
approximately $281,000 from the loss carry forward has been fully offset by
a valuation reserve because the use of the future tax benefit is doubtful
since the Company has no operations.  The net operating loss will expire in
2026.

Capitalization of Oil Leases Costs
----------------------------------

The Company uses the successful efforts cost method for recording its oil
lease interests, which provides for capitalizing the purchase price of the
project and the additional costs directly related to proving the properties
and amortizing these amounts over the life of the reserve when operations
begin or a shorter period if the property is shown to have an impairment in
value or expensing the remaining balance if it is proven to be of no value.

Environmental Requirements
--------------------------

At the  report  date  environmental  requirements  related to the oil and
gas leases acquired  are unknown  and  therefore an estimate of  any future
cost cannot be made.

Financial Instruments
---------------------

The carrying amounts of financial instruments, including cash and accounts
payable, are considered by management to be their estimated fair values due
to their short term maturities.

Recent Accounting Pronouncements
--------------------------------

The Company does not expect that the adoption of other recent accounting
pronouncements will have a material impact on its  financial statements.


                 OMEGA VENTURES GROUP, INC.  AND SUBSIDIARY
                        (Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                               June 30, 2005

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued

Financial and Concentrations Risk
---------------------------------

The Company does not have any concentration or related financial credit
risk.

Revenue Recognition
-------------------

Revenue will be recognized on the sale and delivery of a product or the
completion of a service provided.

Advertising and Market Development
----------------------------------

The Company expenses advertising and market development costs as incurred.

Principles of Consolidation
---------------------------

The consolidated financial statements include the assets, liabilities, and
operations of the Company and its wholly owned subsidiaries.  All
intercompany transactions have been eliminated

Estimates and Assumptions
-------------------------

Management uses estimates and assumptions in preparing financial statements
in accordance with generally accepted accounting principles.  Those
estimates and assumptions affect the reported amounts of the assets and
liabilities, the disclosure of contingent assets and liabilities, and the
reported revenues and expenses.  Actual results could vary from the
estimates that were assumed in preparing these financial statements.

Office equipment
----------------

Office equipment is depreciated over 3 and 7 years using the straight line
method.

      Cost                                                $  15,084
      Less accumulated depreciation                          10,012
                                                          ----------
           Net                                                5,072
                                                          ----------



                 OMEGA VENTURES GROUP, INC.  AND SUBSIDIARY
                        (Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                               June 30, 2005


3.  OIL AND GAS LEASES

During August 2003 Western Gas Corporation (subsidiary) acquired an
undivided 2.5% working interest, with a 1.875% net revenue in a 75%
interest, in an oil and gas lease known as "Mana Huilla Creek Prospect"
located in Goliad County, Texas.

The lease has not been proven and therefore all costs for acquisition and
exploration have been expensed.

4.  NOTES PAYABLE

The Company is obligated under two installment sales contracts for the
purchase of land.  The amount financed was $115,650 with 180 payments of
$1,327.50, including interest of 11.14%.  The amounts shown in the balance
sheet includes principal and accrued interest to June 30, 2005. The
payments are in arrears on June 30, 2005.

5.  SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES

Officers-directors, and Apex Resources, Inc. (an affiliate by common
officers) have acquired 27% of the common stock issued.

Related parties have made no interest, demand loans to the Company of
$16,960.

A Company affiliate has made no interest, demand loans to the Company of
$120,933.

6.  CAPITAL STOCK

During July 2002 the Company completed the sale of an offering of 5,098,500
units at $.10 per unit. Each unit consists of one share of common stock,
one  redeemable A  warrant to purchase an additional common share  at $.50
by July 10, 2003 (expired),  and one redeemable B warrant to purchase an
additional  common share  at $1.20 by July 10, 2007 which would amount to
the issuance of 5,098,500 additional shares.  On the report date no
warrants had been redeemed.

During 2004 the Company issued 1,000,000 restricted common shares for
$15,000 and 3,016,097 restricted common shares for services and expenses.

During the first quarter 2005 the Company issued 250,000 restricted common
shares at $.02 for expenses and 6,100,000 restricted common shares for
stock subscriptions receivable of $250,000.


                 OMEGA VENTURES GROUP, INC.  AND SUBSIDIARY
                        (Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                               June 30, 2005

7.  GOING CONCERN

The Company intends to continue the development of its business interests,
however, there is insufficient working capital necessary to be successful
in this effort and to service its debt.

Continuation of the Company as a going concern is dependent upon obtaining
additional working capital and the management of the Company has developed
a strategy, which it believes will accomplish this objective, through short
term related party loans, long term financing, and additional equity
funding, which will enable the Company to operate for the coming year.

8.  SUBSEQUENT EVENTS

During the quarter ended March 31, 2005 the Company entered into two
contracts for the purchase of land for $550,000.  The terms include earnest
money deposits of $10,000, which was advanced to the Company by an officer,
and the balance due on various closing dates to be determined.



Item 2.  Plan of Operations

     This Form 10-QSB contains certain forward-looking statements.  For
this purpose any statements contained in this Form 10-QSB that are not
statements of historical fact may be deemed to be forward-looking
statements.  Without limiting the foregoing, words such as "may," "will,"
"expect," "believe," "anticipate," "estimate" or "continue" or comparable
terminology are intended to identify forward-looking statements.  These
statements by their nature involve substantial risks and uncertainties.
Actual results may differ materially depending on a variety of factors.
For a complete understanding, this Plan of Operations should be read in
conjunction with Part I- Item 1. Financial Statements to this Form 10-QSB.


General
-------

     The primary business of Omega Ventures Group Inc., is to oversee the
operations of its three wholly-owned subsidiaries:

     -    Western Gas Corporation
     -    Arizona Land Corporation
     -    Vogue Environmental Solutions, Inc.


     Western Gas Corporation
     -----------------------

     Due to a lack of funds, Western Gas did not engage in any exploration
activities during the quarter ended June 30, 2005.

     Arizona Land Corporation
     ------------------------

     On February 23, 2005, the Company entered into an agreement to
purchase real property, zoned for commercial use in Scottsdale, Arizona,
from an unrelated third party.  The purchase price is $800,000.  The
Company made an initial earnest money non-refundable deposit of $5,000,
which was to be applied to the purchase price.  After entering the
agreement, the parties agreed not to proceed with the transaction and the
seller returned the Company's initial earnest money deposit.

     On April 15, 2005, the Company paid an additional $5,000 non-
refundable payment to extend the closing on the commercial lot in Salt Lake
City, Utah, to September 2005.

     As of March 31, 2005, Arizona Land is in arrears on its monthly
payments on its three undeveloped lots in Woodland Valley Ranch and its two
undeveloped lots in Elk Valley Ranch in the approximate amount of $7,986.

     Vogue Environmental Solutions, Inc.
     -----------------------------------

     Due to a lack of funds, Vogue Environmental Solutions did not engage
in active operations during the quarter.




Source of Funds
---------------

     Because the Company is not currently generating revenue from its
limited operating activities, it is dependent upon loans from related
parties and private sales of its securities to fund its operations.

     NOTE 7 OF THE NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
states that the Company will need additional capital to service its debt
and fund its planned activities, which raises substantial douct about the
Company's ability to continue as a going concern.  The Company has never
generated revenue and it is unlikely the Company will realize any
significant revenue during 2005, which raises substantial doubt about the
Company's ability to continue as a going concern.  To continue operations,
the Company will need to obtain funding from third parties.  This funding
may be sought by means of private equity or debt financing by the Company.
The Company currently has no commitments from any party to provide funding
and there is no way to predict when, or if, any such funding could
materialize.  There is no assurance that the Company will be successful in
obtaining additional funding on attractive terms or at all.  If the Company
is unsuccessful in obtaining additional funding, the Company may be unable
to continue operations as it has insufficient working capital necessary to
meet its expenses and service its debt.


Results of Operations
---------------------

     During the period from inception, September 19, 2000, to June 30,
2005, the Company has generated no revenue.  The Company does not expect to
generate any material revenues through the remainder of 2005.

     As of June 30, 2005, the Company had an accumulated deficit of
$935,590 funded by paid-in capital.  At June 30, 2005, the Company had
total current assets of $1,601 and total current liabilities of $351,446
compared to total current assets of $608 and total current liabilities of
$320,971 on December 31, 2004.  The primary factors contributing the
increase in accumulated deficit and total current liabilities are increases
in notes payable for the purchase of land and accounts payable to related
and unrelated parties during the six months ended June 30, 2005.


     Comparison of the three months ended June 30, 2005 and 2004
     -----------------------------------------------------------

     During the three months ended June 30, 2005, the Company incurred
operating expenses of $7,636 compared to $39,113 during the three months
ended June 30, 2004. This decrease in operating expenses was primarily
attributable to the fact that the Company had no funds with which to
operate during the second quarter 2005.  During the three months ended June
30, 2005, the Company incurred no expenses for market development or
exploration, compared to $11,818 during the three months ended June 30,
2005.  During the second quarter 2005, the Company incurred $6,536 in
administrative expenses, compared to $18,153 in the second quarter 2004.
Also during the second quarter 2004, the Company incurred $8,250 in
exploration expenses.  The Company had no similar expense in the second
quarter 2005.  As a result of its land acquisitions, the Company incurred
$3,220 in interest expense in the second quarter 2005, compared to $1,408
in the second quarter 2004.  These overall reductions in expenses resulted
in a net loss during the three months ended June 30, 2005 of $10,856,
compared to a net loss in the three months ended June 30, 2004 of $39,313.
The Company anticipates its expenses and losses will continue at a rate
consistent with the second quarter 2005 until such time as the Company can
raise additional funds to pursue operations.



     Comparison of the six months ended June 30, 2005 and 2004
     ---------------------------------------------------------

     During the six months ended June 30, 2005, the Company incurred
operating expenses of $17,815 compared to $70,088 during the six months
ended June 30, 2004. As stated above, this decrease in operating expenses
was attributable to the fact that the Company has had no funds with which
to fund operations during the first six months of 2005.  During the six
months ended June 30, 2005, the Company incurred no expenses for market
development or exploration, compared to $19,360 during the six months ended
June 30, 2005.  During the six month period ended June 30, 2005, the
Company incurred $15,615 in administrative expenses, compared to $25,294
during the six months ended June 30, 2004.  Also during the six months
ended June 30, 2004, the Company incurred $23,250 in exploration expenses.
The Company has not engaged in exploration activities during 2005.  As a
result of its land acquisitions, the Company has incurred $6,384 in
interest expense in the first six months of 2005, compared to $3,323 in the
first six months of 2004.  These overall reductions in expenses resulted in
a net loss during the six months ended June 30, 2005 of $24,199, compared
to a net loss during the six month period ended June 30, 2004 of $73,316.
The Company anticipates its expenses and losses will continue at a rate
consistent with those incurred during the first six months of 2005, until
such time as the Company can raise additional funds to pursue operations.


Liquidity and Capital Resources
-------------------------------

     The Company has financed its operations mainly through the sale of its
common stock and through loans from related parties.  Since inception, the
Company has been entirely dependent upon outside sources of financing for
continuation of operations.  As stated previously, there is no assurance
that the Company will be successful in obtaining additional funding on
acceptable terms or at all.  As of June 30, 2005, the Company had cash on
hand of $1,601.  During the first quarter 2005, the Company issued
5,000,000 shares for stock subscriptions receivable of $250,000.  As of
June 30, 2005, the Company has not received any of the funds for the stock
subscriptions.  The 5,000,000 shares are being held in escrow to be
released as funds are received.  It is unclear at this time when or if the
Company will receive these funds.  It is also unclear whether the Company
will have sufficient funds to maintain operations through the remainder of
fiscal 2005.

     The Company has exhausted the funds raised in its initial public
offering, and all funds subsequently raised in private placement
transactions.  Moreover, it is unlikely the Company will realize material
revenue from the operations of any of its subsidiaries in through the
remainder of 2005.  Therefore, unless the Company is able to raise
additional funding through the sell of equity or debt securities, it is
unclear how long the Company may be able to continue operations.


Item 3.   Controls and Procedures

     The Company's principal executive officers and our principal financial
officer (the "CERTIFYING OFFICERS") are responsible for establishing and
maintaining disclosure controls and procedures (as defined in Exchange Act
Rules 13a-15(e) and 15d-15(e). Such officers have concluded (based upon
their evaluations of these controls and procedures as of the end of the
period covered by this report) that the Company's disclosure controls and
procedures are effective to ensure that information required to be
disclosed by it in this report is accumulated and communicated to
management, including the Certifying Officers as appropriate, to allow
timely decisions regarding required disclosure.

     The Certifying Officers have also indicated that there were no
significant changes in the Company's internal controls over financial
reporting or other factors that could significantly affect such controls
subsequent to the date of their evaluation, and there were no significant
deficiencies and material weaknesses.


     Management, including the Certifying Officers, does not expect that
the Company's disclosure controls or its internal controls will prevent all
error and all fraud. A control system, no matter how well conceived and
operated, can provide only reasonable, not absolute, assurance that the
objectives of the control system are met.  In addition, the design of a
control system must reflect the fact that there are resource constraints,
and the benefits of controls must be considered relative to their costs.
Because of the inherent limitations in all control systems, no evaluation
of controls can provide absolute assurance that all control issues and
instances of fraud, if any, within a company have been detected.  These
inherent limitations include the realities that judgments in decision-
making can be faulty, and that breakdowns can occur because of simple error
or mistake.  Additionally, controls can be circumvented by the individual
acts of some persons, by collusion of two or more people or by management
override of the control.  The design of any systems of controls is also
based in part upon certain assumptions about the likelihood of future
events, and there can be no assurance that any design will succeed in
achieving its stated goals under all potential future conditions.  Because
of these inherent limitations in a cost-effective control system,
misstatements due to error or fraud may occur and may not be detected.


                        PART II - OTHER INFORMATION


Item 6.  Exhibits and Reports on Form 8-K

     A.   Reports on Form 8-K

          None.

     B.   Exhibits.  The following exhibits are included as part of this
report:

     Exhibit No.    Exhibit
     -----------    -------

     31.1           Certification of Principal Executive Officer pursuant
                    to Section 302 of the Sarbanes-Oxley Act of 2002.
     31.2           Certification of Principal Financial Officer pursuant
                    to Section 302 of the Sarbanes-Oxley Act of 2002.
     32.1           Certification of Principal Executive Officer pursuant
                    to Section 906 of the Sarbanes-Oxley Act of 2002.
     32.2           Certification of Principal Financial Officer pursuant
                    to Section 906 of the Sarbanes-Oxley Act of 2002.



                                 SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this to be signed on its behalf by the
undersigned thereunto duly authorized.


                              OMEGA VENTURES GROUP, INC.



August 16, 2005               /S/ John M. Hickey
                              --------------------------------------------
                              John M. Hickey, Principal Executive Officer



August 16, 2005               /S/ John Ray Rask
                              --------------------------------------------
                              John Ray Rask, Principal Financial Officer