09 September, 2010 – U.S. Oil and Gas plc – Operations Update

U.S. Oil and Gas PLC

(“US Oil” or “the Company”)

Operations Update

Land staked for spudding, Nye County, Nevada, USA

U.S. Oil and Gas plc (PLUS: USOP), the oil and gas exploration company with explorations assets in Nye County, Nevada, announces an update on its operations.

US Oil today confirms that it has staked the access road, drill pad and filed staking plans with the US Federal Authorities in Nevada in preparation for the drilling of its first target, Well 01, Eblana Phase 1 Section 2, North.

The Company will provide an update on progress as plans are finalised.

Brian McDonnell, Chief Executive Officer of US Oil, said: “We are excited to commence our drilling programme and look forward to sending out progress reports over the next couple of months.”


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

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

[email protected]

Conduit PR

Jonathan Charles +44 (0)20 7429 6611

[email protected] +44 (0)7791 892509

Notes to Editors

US Oil 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 into 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 more information please visit: www.usoil.us