Company Mining Oil Inc

Mining Oil, Inc. is a development stage oil and gas exploration and production company. The Company's core business is to explore, develop, produce and acquire oil and natural gas properties primarily onshore in the state of Texas and Louisiana and offshore in the Gulf of Mexico. In September 2008, the Company entered into a participation agreement to acquire certain working interests held by Jurasin Oil & Gas, Inc. (Jurasin) of Houston, Texas, and its affiliate, Rampant Lion Energy, LLC, in two prospects. These two prospects include one located in south Louisiana and another located in the offshore shallow waters of Mustang Island in Texas. During the year ended December 31, 2007, the Company approximately acquired a 2.34% overriding royalty interest in an 80-acre onshore proved developed producing property in the North Edna Field in Jefferson Davis Parish.