An experimental study on determination of alkaline, surfactant, polymer (ASP) flooding systems using natural mixed carboxylate was conducted to examine the decisive factor for ASP flooding, phase behavior or interfacial tension. The volume and color of middle phase liquid were observed, the transient interfacial tension at different salt and alkaline concentrations were measured and, finally, coreflood test in laboratory were made. The results showed the flooding system with larger volume and brown color of middle phase emulsion sometimes not to obtain better oil recovery efficiency. The primary and more important phenomenon affecting the oil recovery is a lower or ultralow minimum interfacial tension value at the crude oil/soluble phase interface.