Press Releases
2018
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18 April, 2018 – U.S. Oil & Gas Plc. – Operations Update
Highlights: Successful spudding of Eblana-3 well in Hot Creek Valley Nevada U.S. Oil & Gas Plc, ("USOIL" or the “Company”), the oil and gas exploration company with assets in Nevada, is pleased to announce that appraisal well Eblana-3 spudded in Hot Creek Valley, Nevada , at 13:30 PST on April 17th 2018, with drilling now underway. The well is designed to investigate reservoir and hydrocarbon characteristics and to prove up a portion of the Company’s Contingent Resources to Proved Reserves.
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11 April, 2018 – U.S. Oil & Gas Plc. – Placing of Ordinary Shares
U.S. Oil & Gas Plc, ("USOIL" or the “Company”), the oil and gas exploration company with assets in Nevada, is pleased to announce that it has placed with private investors 685,314 new ordinary shares of .0001 Euro each (the "Placing Shares") at a placing price of STG .30 per share including a share premium of .3399 Euro on each Placing Share to raise gross proceeds of circa $290,632. Each Placing Share will rank (pari passu) with each ordinary share currently in existence.
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29 March, 2018 – U.S. Oil & Gas Plc. – Operations Update
U.S. Oil & Gas Plc, ("USOIL" or the “Company”), the oil and gas exploration company with assets in Nevada, is pleased to announce it has signed a rig contract for the Rig 330 with Capstar drilling, an Oil States International company.
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26 March, 2018 – U.S. Oil & Gas Plc. – Placing of Ordinary Shares
U.S. Oil & Gas Plc, ("USOIL" or the “Company”), the oil and gas exploration company with assets in Nevada, is pleased to announce that it has placed with private investors 2,751,298 new ordinary shares of .0001 Euro each (the "Placing Shares") at a placing price of STG .30 per share including a share premium of .3399 Euro on each Placing Share to raise gross proceeds of circa $1,155,879.
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23 February, 2018 – U.S. Oil & Gas Plc. – Operations update
U.S. Oil & Gas Plc. ("US Oil" or the "Company") Operations update U.S. Oil & Gas Plc, ("USOIL" or the “Company”), the oil and gas exploration company with assets in Nevada, is pleased to make the following announcement: Highlights: Groundworks, including road improvements and the construction of two drill pads complete; Water well drilled; Setting […]