OIL OPTIMIZATION INC COMMENCES SEISMIC EIA IN THAILAND

BANGKOK, Thailand, May 24, 2011 /CNW/ -- 
BANGKOK, Thailand, May 24, 2011 /CNW/ - Oil Optimization Inc. (TSXV:
 OOI) (the "Company") today announced that it has commenced an
 Environmental Impact Assessment ("EIA") on Block L14/50, a 100% owned
 and operated petroleum concession onshore Thailand. Approval of the
 EIA, expected in ninety days, will allow the Company to proceed with
 its 3D seismic program over a 250 square kilometre area. The proposed
 3D seismic program is based on 2D seismic data previously acquired on
 the concession, where five drilling leads were identified.


Block L14/50 covers 1,000,000 acres in central Thailand and includes the
 entire northern portion of the Petchabun Basin. The southern portion of
 the same basin has produced 8.6 million barrels of oil, while proven
 and probable reserves were stated at 32 million barrels, as at December
 31, 2010. Production rights to the southern part of the basin are held
 by Pan Orient Energy Corp (TSXV: POE) and Australia's Carnarvon
 Petroleum Limited (ASX: CVN).


About Oil Optimization Inc. (TSXV: OOI)


Oil Optimization Inc. is an international junior oil and gas exploration
 company headquartered in Calgary, Canada with operations located
 onshore Thailand. The Company currently holds interests in three
 exploration blocks, being a 100% interest in Block L3/50, a 100%
 interest in Block L14/50 and a 50% interest in Block L9/48. The
 Company, through its wholly-owned subsidiary, JSX Energy (Thailand)
 Limited, is focused on exploring and developing each of these blocks as
 well as seeking accretive acquisitions in Thailand.


Neither TSX Venture Exchange nor its Regulation Services Provider (as
 that term is defined in policies of the TSX Venture Exchange) accepts
 responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements


This news release contains forward-looking statements and
 forward-looking information within the meaning of applicable securities
 laws. The use of any of the words "expect", "anticipate", "continue",
 "estimate", "objective", "ongoing", "may", "will", "project", "should",
 "believe", "plans", "intends" and similar expressions are intended to
 identify forward-looking information or statements.  More particularly
 and without limitation, this news release contains forward looking
 statements and information concerning the expected activities of Oil
 Optimization.  The forward-looking statements and information are based
 on certain key expectations and assumptions made by Oil Optimization.
 Although Oil Optimization believes that the expectations and
 assumptions on which such forward-looking statements and information
 are based are reasonable, undue reliance should not be placed on the
 forward looking statements and information because Oil Optimization can
 give no assurance that they will prove to be correct. By its nature,
 such forward-looking information is subject to various risks and
 uncertainties, which could cause the actual results and expectations to
 differ materially from the anticipated results or expectations
 expressed.  Readers are cautioned not to place undue reliance on this
 forward-looking information, which is given as of the date hereof, and
 to not use such forward-looking information for anything other than its
 intended purpose. Oil Optimization undertakes no obligation to update
 publicly or revise any forward-looking information, whether as a result
 of new information, future events or otherwise, except as required by
 law.


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p Oil Optimization Inc.br/ Chris Serin - Chief Financial Officerbr/ Phone [phone] /p 

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