Mechanical properties and the thermal degradation characteristics of natural rubber compounds with calophyllum inophyllum oil were compared to that of the control compound containing naphthenic oil. The compounds containing calophyllum inophyllum oil showed improved tensile strength, tear strength, modulus, compression set, abrasion resistance and resilience. Cure time was higher than the naphthenic oil mixes. Thermal studies showed an increase of 8 °C in the temperature of initiation of degradation and an increase of 6 °C in temperature at which the peak rate of degradation occurred. The peak rate of degradation was comparable to the control mix containing naphthenic oil.