FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 8, 2009 -- The discovery well, drilled in May 2009 in 400 feet (120 meters) of water to a total vertical depth of 13,000 feet (3965 meters), encountered over 225 feet of net hydrocarbon pay in the Upper Pinda formation. The well was tested from a single 150 ft. perforated interval and flowed at a rate of 11.6 million cubic feet of natural gas and 2,550 barrels of liquid hydrocarbons per day.

"This discovery further demonstrates the success of MidEast Oil’s focused exploration program in growing our resource base. Our strong record of exploration discoveries in other countries provides MidEast Oil opportunities to successfully move energy resources forward from exploration to development to production," said Curt Anderson, chairman, of MidEast Oil.

"MidEast

Oil is pleased with the discovery, and we look forward to continuing the work needed to further evaluate the find and potential development options," said Ahemd Ajram, head of research and exploration.

The discovery extends a trend of undeveloped natural gas condensate and crude oil discoveries in the coastal Indonesia Area that are currently undergoing appraisal.

MidEast Oil is an independent exploration and development company that utilizes advanced 3–D seismic imaging, drilling and completion technologies to systematically explore for and develop international onshore and offshore oil and natural gas reserves. We focus our exploration and development activities in regions where we believe technology and the knowledge of our technical staff can be effectively

used to maximize return on invested capital by reducing drilling risk and enhancing ability to grow reserves and ultimately production volumes. Our business strategy is to create value for our stockholders by developing reserves, create production volumes and cash flow through exploration and development drilling in areas where we can use technology to generate high rates of return on our invested capital.