Press Releases
2015
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10 February, 2015 – U.S. Oil & Gas Plc. – GXG Markets – Update
U.S. Oil & Gas Plc (GXG London: USOP, OTC New York: USOPY), the oil and gas exploration company with exploration assets in Nevada, makes the following statement: GXG Markets have announced that a Due Diligence Report on US Oil and Gas has been requested. The Board of US Oil and Gas unreservedly welcomes this exercise and hopes that the process is expedited in the interests of the Company and shareholders. The Company believes that the GXG investigation was prompted by allegations made to GXG, including anonymous and internet allegations, and expects that the Due Diligence Report will effectively and finally put an end to a sustained campaign of vilification and defamation.
2014
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16 December 2014 – U.S. Oil & Gas Plc. – Announcement
GXG Market suspension On the afternoon of 15 December 2014, GXG Markets communicated to the Company its decision to suspend the trading of the Company's securities with effect December 16, 2014, pursuant to Rule 24.1.d. Rule 24.1.d states that GXG may suspend the trading of Securities where the protection of investors so requires. The Company responded to GXG by addressing as many concerns as possible within the minimal time allowed and requested 24 hours to respond fully to the issues raised.
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19 September, 2014 – U.S. Oil & Gas Plc. – Company Update
U.S. Oil & Gas Plc (GXG London: USOP, OTC New York: USOPY), the oil and gas exploration company with assets in Nevada, makes the following announcement: Partnership discussions The company has received several approaches regarding partnership. Detailed discussions between the Company and several potential partners and investors are continuing, and the Company is pleased to report active and current engagement. Confidentiality agreements have been signed by all parties.
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1 July, 2014 – U.S. Oil & Gas Plc.- Result of the AGM
Result of the AGM U.S. Oil & Gas Plc (GXG London: USOP, OTC New York: USOPY), the oil and gas exploration company with exploration 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 Monday 30 June 2014 all resolutions were duly passed.
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17 June, 2014 – U.S. Oil & Gas Plc – Publication of Research Note
Publication of Research Note U.S. Oil & Gas Plc (GXG London: USOP, OTC New York: USOPY), the oil and gas exploration company with exploration assets in Nevada, makes the following announcement: Research note Alexander David Securities Limited, an approved Corporate Adviser on GXG Markets, has released a research report on U.S. Oil & Gas Plc.