Press Releases
2012
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27 January, 2012 – U.S. Oil & Gas Plc – Re. Trading Suspension
U.S. Oil and Gas (PLUS: USOP), with exploration assets in Nevada, USA, announces the following Trading Suspension update. PLUS suspension On 23rd August 2011, ordinary shares in US Oil and Gas were suspended from trading on PLUS-quoted, in accordance with Rule 78 of the PLUS Rules for Issuers. On January 25th 2012, the Company held the latest of several recent discussions with PLUS to again voice the profound concerns of the Board and shareholders at the continuing suspension of US Oil and Gas shares.
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11 January, 2012 – U.S. Oil & Gas Plc – Announcement
US Oil and Gas plc is saddened to report the recent death of James Guiry, the company's co-founder and past Chairman and director. Despite his serious health issues, until his resignation as a director in October 2011, Mr. Guiry devoted enormous commitment to the progress of the company.The company extends its deepest condolences to Jimmy's family.
2011
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23 December, 2011 – U.S. Oil & Gas Plc – Operations Update
U.S. Oil and Gas (PLUS: USOP), with exploration assets in Nevada, USA, announces the following Company update. Nevada land auction On December 13th 2011, Major Oil International LLC, a wholly owned subsidiary of US Oil and Gas plc, acting through an agent, entered winning bids in the Nevada Bureau of Land Management auction for oil leases in the state of Nevada.The auction was for two lots abutting US Oil's existing lease area,and these will approximately double the company's total holding to 10,738 acres (approx. 43 sq. km.).
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09 December, 2011 – U.S. Oil And Gas plc – Company Update
U.S. Oil and Gas (PLUS: USOP), with exploration assets in Nevada, USA, announces the following Company update. Shares Suspension and Appointment of a Corporate Advisor On August 23rd last, the Company's shares were suspended from trading by PLUS Markets in accordance with Rule 78 of the PLUS Rules for Issuers. US Oil and Gas continues to cooperate with the Plus Regulator, and the directors believe that satisfactory progress has been made.
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21 November, 2011 – U.S. Oil & Gas plc – Board Appointments; Change of Advisors
U.S. Oil and Gas (PLUS: USOP), the oil and gas exploration company with exploration assets in Nevada, USA, today announces the following board appointments: