Press Releases
2016
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Consolidated Audited Annual Results for Period Ended 31 July, 2016 The Company is pleased to report its audited consolidated annual results for the year period ended 31 July 2016.
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23 December, 2016 – U.S. Oil & Gas Plc.- Operational Update
U.S. Oil & Gas Plc, the oil and gas exploration company with assets in Nevada, makes the following announcement: Highlights: Preliminary Baker Hughes International (BHI) Structural Modelling Report received
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3 November, 2016 – U.S. Oil & Gas Plc.- Operations update
Highlights: Halliburton VSP data processing and analyses complete. Baker Hughes structural modelling and additional analyses underway. Of two previously identified Tertiary structures in range of VSP, both confirmed. Direction of ‘updip,’ source rock, trap, seal and reservoir rock confirmed. ‘Anomaly F,’ previously identified by geochemistry, confirmed as a large structure. Eblana #1 re-entry plan confirmed.Primary targets are those associated with Anomaly F to the east. Palaeozoics rise sharply to the west, modelling continues.
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29 July, 2016 – U.S. Oil & Gas Plc.- Placing of Ordinary Shares and Operations Update
Placing of Ordinary Shares and 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 that it has placed with private investors 1,186,328 new ordinary shares of .0001 Euro each (the "Placing Shares") at a placing price of STG .27 per share including a share premium of .3199 Euro on each Placing Share to raise gross proceeds of circa $414,715. Each Placing Share will rank pari passu with each ordinary share currently in existence.
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01 July, 2016 – U.S. Oil & Gas Plc.- Result of AGM-Correction
U.S. Oil & Gas Plc the oil and gas exploration company with assets in Nevada, makes the following announcement. The Board of Directors of U.S. Oil & Gas Plc is pleased to announce that at the Company's Annual General Meeting held on Thursday 30 June 2016 all resolutions were duly passed.