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Preheat oven to warm and line a baking sheet with paper towels.
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Pour 1 cup of milk in large bowl, add oysters and soak.
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Over medium high heat in a large skillet add oil.
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Beat eggs with remaining ½ cup of milk.
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In another bowl combine flour, salt and pepper.
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Dredge each oyster in seasoned flour, dip into egg mixture and roll again into seasoned flour mixture.
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Fry in batches, try not to overcrowd skillet and fry 2-3 minutes on each side or until golden brown.
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Place on baking sheet to drain, keep warm in oven until ready to serve.