18 June 2015 – U.S. Oil & Gas plc – Total Voting Rights

U.S. Oil & Gas Plc.

(“U.S. Oil” or the “Company”)

Total Voting Rights

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.

On the 29 May the company announced that it had placed 1,111,112 New Ordinary
Shares (the “Placing Shares”) at a price of STG .27 per share (the “Placing
Price”) to raise gross proceeds of circa $430,000.

As the minimum underwriting has been reached the underwriter was not required
to take up any shares under the underwriting agreement. However they did
subscribe for 5,074 New Ordinary Shares (representing >1% of the placing) at
the Placing Price to ensure the company raised $450,000 net of expenses.

The Placing is subject to allotment of the shares and admission to trading on
the GXG Main Quote. On the 15 June 2015 the Board met to allot the shares and
having met all other conditions have requested that the 1,111,112 New Ordinary
Shares be admitted to trading on GXG Main Quote Market on 18 June 2015.

In accordance with the GXG rules, the Board of U.S. Oil and Gas plc confirms
that following the Placing and the issue of 185,185 shares to Alexander David
Securities Limited the Company has 42,978,653 ordinary shares of EURO 0.0001
each in issue, with each ordinary share holding one voting right.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company. The Company’s total
issued share capital is €4,298.

The Company holds 717,612 ordinary shares in its treasury, which represents
1.67% of the issued ordinary share capital of the Company.

The following parties have an interest of more than 3% in the shares of the

Name No of Shares Percentage holding

Brian McDonnell 3,913,234 9.1%


Neither this announcement nor the information contained herein constitutes an
offer or solicitation by U.S. Oil and Gas plc for the purchase or sale of any
securities nor does it constitute a solicitation to any person in any
jurisdiction where solicitation would be unlawful.

For further information contact:

Brian McDonnell, Chief Executive Officer +353 (1) 631 9022

Alexander David Securities Ltd – Corporate Finance Adviser
David Scott +44 (0) 20 7448 9820
James Dewhurst +44 (0) 20 7448 9820
Email: [email protected]

GXG Markets
Peter Almberg/Alex Benger +44 (0) 20 7653 1935
[email protected]

ADR Broker Desk, Deutsche Bank
United Kingdom

Simon Davies and Richard Willis
Tel: +44 (0) 20 7547-6500
Fax: +44 (0) 20 7547-9995
E-mail: [email protected]

Jay Berman
Tel: +1 212 250-9100
Fax: +1 732 544-6346
E-mail: [email protected]

About American Depositary Receipts (ADRs)
An ADR is a negotiable certificate that represents ownership in securities of a
non U.S. company. ADRs are issued by a sponsoring U.S. bank and denominated in
U.S. dollars. An ADR represents a specified number of shares (or one share) in
a foreign stock that is traded on a U.S. exchange.

ADRs allow foreign companies shares to be traded in a similar manner to shares
in U.S. companies on the New York Stock Exchange (NYSE), the American Stock
Exchange (AMEX), NASDAQ and the over-the-counter (OTC) market. ADRs enable U.S.
citizens to acquire shares in a foreign company without the need for cross
border or cross currency transactions. Any dividends and capital gains are in
U.S. dollars.

About U.S. Oil & Gas

U.S. Oil & Gas plc, (GXG London: USOP, OTC New York: USOPY), is an 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. The Company’s
main asset is in Nye County, Nevada where it holds the entire share capital of
US-based company, Major Oil International LLC (“Major Oil”). Major Oil has
acquired rights to exploration and development acreage 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 further information please refer to our website at: www.usoil.us