Combine egg, water and seasonings. Combine crumbs and flour. Dip oysters in egg and roll in crumb mixture. Melt butter and bacon fat in fry pan. Fry oysters in hot fat at moderate heat for 2 to 3 minutes or until lightly browned. Turn carefully and fry 2 to 3 minutes longer or until lightly browned. Crumble bacon over top of oysters.

Pour egg mixture over bacon and oysters. Cook over low heat. Gently lift edge of omelet to allow uncooked egg to flow to bottom of pan. cook until the egg is set. Loosen around edges and bottom of omelet with a spatula. Roll omelet and turn out into a warm serving platter. Garnish with parsley. Serve immediately. Makes 6 servings.