11 January, 2010 – US Oil and Gas plc – US OIL & GAS to list January 14th 2010 on the Plus Market exchange

US Oil & Gas plc (USOIL), an oil and gas exploration company, will be admitted to London’s Plus Market exchange on Thursday, 14th January, 2010.

SVS Securities plc is USOIL’s nominated advisor and broker.

US Oil & Gas has an ongoing exploration program in Nevada, where the company holds a large lease acreage, having acquired the entire share capital of US-based oil and gas company Major Oil International LLC. The primary assets of Major OIL International LLC are leases covering 21 sq kilometres in Hot Creek Valley, Nye County, Nevada.

“Exploration within the same geological feature as our claim in Nevada has already demonstrated huge reserves – the Covenant field has yielded over a billion barrels,” says Brian McDonnell, U.S. Oil & Gas CEO. “The existing production infrastructure also means that even modest finds can produce significant value. We are delighted to be listing on PLUS Markets, and we look forward to an immediate start on ‘Eblana Phase 1’ – a six month exploration programme already planned in detail.’


Placing Price: 5p per Placing Share

Number of new Ordinary Shares placed on behalf of the Company: 6,316,101 new Ordinary Shares to be issued pursuant to the placing.

Market capitalisation at the Placing Price:£1,328,963Number of Ordinary Shares in issue on Admission:26,316,101Percentage of enlarged issued share capital subject to the Placing:23.76%Gross proceeds of the Placing available to the Company:£315,815Net proceeds of the Placing available to the Company:£239,813ISINIE00B4Q65W67

Tags: USA, crude, development acquisition, exploration, gas, M&A, oil, PLUS, US Oil & Gas, USOIL, press releases, floatation.


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For further information please contact: Brian McDonnell Chief Executive Officer Tel: +353-87-2383419

Media resources: Website: www.usoil.us Pressroom: www.usoil.us/press-room Company FAQ: www.usoil.us/faq Images: www.usoil.us/press-image-gallery

U.S. Oil and Gas plc is an Irish registered company No. 471932 70 Ballybough Road Dublin 3 Tel: +353-1-8230510 Fax: +353-1-8230511 www.usoil.us

Notes to Editors US.Oil and Gas Plc is an independent oil & gas exploration group, which is shortly to be quoted on the Plus Market in London. The Group holds exploration acreage In Nevada, USA. USOIL is ready to start, a six month exploration programme already planned in detail.