According to recent press release http://www.oracle.com/us/corporate/press/1563775 Yes- you can install 11gR2 on Oracle’s latest release of Linux.
However, I was not successful in my attempts. Upon further research it seems the certification of db and os is only for 11.2.0.3 which is only available through download from Oracle support. That’s fine for work where we have a CSI, but no go for my personal use in learning/testing things. So back to v5.8 for me and install went flawlessly.