26 August 2011 – US Oil and Gas plc – Notice of AGM

U.S. Oil and Gas Plc

(the “Company”)

Notice of AGM

The Directors of the Company announce that the Company’s Annual General Meeting (“AGM”) will be held on 20 September 2011 at 11.00 am at the Hotel Kilkenny, College Road, Kilkenny City, Republic of Ireland.

Notice of the AGM, a form of proxy and the Annual Report and Accounts for the period ended 30 September 2010 (the “Documents”) have been posted to shareholders.

Copies of the Documents will be available for inspection for a period of one month from today’s date, free of charge, from the Company’s registered office at: 4th Floor, 8-34 Percy Place, Dublin 4, Republic of Ireland.

THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT

—ENDS—

For further information contact:

U.S. Oil and Gas plc

Brian McDonnell, Chief Executive Officer +353 (0) 872383419

SVS Securities plc – PLUS Corporate Adviser

Peter Ward / Alexander Brearley +44 (0)20 7638 5600

SVS Securities plc – Broker

Ian Callaway / Alex Mattey +44 (0)20 7638 5600

[email protected]

Notes to Editors

U.S. Oil and Gas plc is a PLUS (Ticker: USOP) listed oil and gas exploration company with a strategy to identify and acquire oil and gas assets in the early phase of the upstream life-cycle and mature them in to marketable opportunities for the medium and large-sized oil companies. The Company’s main asset is in Nye County, Nevada where it holds the entire share capital of the US-based company Major Oil International LLC. Major Oil has acquired, and intends to acquire, rights to exploration and development acreage in two high potential resource areas in Hot Creek Valley, Nye County, adjacent to the oil and gas rich Railroad Valley area of Nevada, both of which are part of the Sevier Thrust of central Nevada and western Utah, USA.

For further information please refer to our website at: www.usoil.us

U.S. OIL AND GAS PLC

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