Oil Optimization Receives Positive Seismic Interpretation Confirming Direct Hydrocarbon Indicators on Its North Phetchabun Ba...

Oil Optimization Inc. (TSX VENTURE:OOI) (the "Company") announced that, further
to its press release of October 31, 2012, management has received an updated
seismic data mapping report on Block L14-50 from Alconsult International Limited
("Alconsult") of Calgary, the Company's independent geophysical consultant. The
report is based on the interpretation of 50 kilometres of infill 2D seismic data
acquired by the Company in September 2012 and 150 kilometres of vintage 2D
seismic data acquired from the Royal Thai Government.


The report confirms the presence of a 25 kilometre long faulted horst block,
flanked to the east and west by narrow grabens with 1,200 meter thick
Tertiary-age sections. Two independent four-way structural closure traps have
been matured with the new infill seismic data and closure is mapped for the
entire Tertiary-age section above the crest of the pre-Tertiary horst block.
Faulting is present parallel to the horst block axis and "bright spot" seismic
amplitude anomalies, often associated with hydrocarbons, are interpreted by
Alconsult at multiple horizons adjacent to the faults.


Luc Desmarais, President and CEO of the Company, stated that "everyone involved
in the project is encouraged by the positive interpretation and presence of
"Direct Hydrocarbon Indicators", which we believe significantly increase the
probability of an active petroleum system in the north Phetchabun basin. The
Alconsult report clearly supports our view that the two mapped prospects offer
substantial oil resource potential, consistent with estimates stated in our
National Instrument 51-101 report on undiscovered prospective resources,
prepared by Petrotech Engineering Limited on April 30, 2011. Furthermore, the
on-trend seismic leads to the two prospects provide solid follow-up exploration
potential with success in the initial drilling program."


Management is currently preparing an environmental impact assessment, as
required by the Ministry of Natural Resources and Environment, and will commence
drilling as soon as approvals are obtained.


About Oil Optimization Inc.

Oil Optimization Inc. is a junior oil and gas exploration company headquartered
in Calgary, Alberta 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 L9-48 and a 75% interest in Block L14-50,
which is subject to a farm-out to Rockstone Petroleum Limited. Rockstone can
elect to increase its interest in Block L14-50 to 60% by funding up to
US$1,500,000 of the drilling program.


Forward-Looking Statements

This news release may contain 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Oil Optimization Inc.
Christopher Serin
Chief Financial Officer
[phone]
[e-mail]
www.oilop.com