U.S. OIL and GAS plc's (Ticker: USOP) core activities are in the USA, with ongoing exploration activity in Nevada where the company holds a large lease acreage.
- After closure of GXG Markets, listing on a fully regulated exchange;
- Complete current drilling campaign in Hot Creek Valley, Nevada.
To maximise shareholder value by:
- Proving any discovery in terms of volume, flow rates and quality;
- Moving any discovery up the value chain to 'Proved Reserves';
- Drilling further wells;
- Continuing to collect high quality data to inform future development.