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Distributed: May 31, 2012

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Sydney, May 31, 2012 (ABN Newswire) - Oil Basins Limited (ASX:OBL) wishes to make the following announcement as a matter of record.

A new research report prepared by Gordon Capital is available at the Shareholder Centre / Research section of the Company's website:
http://www.oilbasins.com.au

About Gordon Capital

Gordon Capital assists small and micro-cap companies in telling their story to and connecting with the investment community. More specifically, they provide ongoing research support for companies without broker coverage and distribute this research widely through the investment community to advisers, analysts and small cap fund managers.


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About Oil Basins Limited

Oil Basins Limited (ASX:OBL) is engaged in the investment in selected exploration production and development opportunities in the upstream oil and gas sector. Oil Basins Limited was listed on the ASX on 23 August 2006 and is involved in exploration for oil and gas initially in the offshore Gippsland Basin waters of south-eastern Australia and the onshore Canning Basin of Western Australia. Since listing the Company has increased its leverage across all of its assets and has increased its exposure to attractive and prospective areas with the Canning Basin.

Contact

Oil Basins Limited
T: +61-3-9692-7222
F: +61-3-9529-8057
WWW: www.oilbasins.com.au


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