Sydney, Mar 21, 2008 AEST (ABN Newswire) - Mosaic Oil (ASX: MOS)(PNK:MSAOF) delivers Investor Presentation on 2008 Drill Campaign in Surat-Bowen Basin

- March 2008 Investor Presentation outlines corporate growth strategy

- 10 targets for accelerated drill campaign identified

- Company's largest ever operated drilling program in the Surat-Bowen Basin starts with a success at its first target well

Mosaic Oil NL (ASX: MOS) has published its March 2008 Investor Presentation outlining the Company's growth strategies and drill targets for 2008:

http://abnnewswire.net/lnk/73P16SH5

For more information on ASX: MOS see:

http://abnnewswire.net/lnk/63EHEO86

For current updates on Mosaic Oil's 2008 drilling schedule and the target well locations please visit the Company's website.

Contact

Mosaic Oil:
Lan Nguyen
Managing Director
TEL: +61-2-9247-9324
Web: www.mosaicoil.com

Media:
Fortbridge
Bill Kemmery
TEL: +61-2-9331-0655
MOB: +61-400-122-449


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