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.

11 January, 2012 - U.S. Oil & Gas Plc - Announcement

11 January, 2012

US Oil and Gas plc
("US Oil" or "the Company")
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.

THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT

For further information contact:

U.S. Oil and Gas plc
Brian McDonnell, Chief Executive Officer +353 (0) 872383419

Lionsgate Communications - Financial Public Relations
Natalia Egorova +44 (0)7500 828771
negorova@lionsgatecomms.com

Notes to Editors

U.S.  Oil  and  Gas  plc is a PLUS-quoted (Ticker: USOP) 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  acreagein 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.

US  Oil has completed extensive surveys of its Hot Creek lease area, generating 18 datasets using the following survey  methods: Gravity and Magnetic Resonance, Geochemical, 2-D Seismic, Landsat remote sensing,  Geophysical studies,  Conodont  Alteration Index (CAI), Pyrolysis (TOC), Vitronite Reflectance-Visual  Kerogen  (TAI),  2-D Passive Seismic (IPDS) and 3-D Passive Seismic.

For further information please refer to our website at: www.usoil.us

U.S. OIL AND GAS PLC

(END) Dow Jones Newswires

January 11, 2012 03:00 ET (08:00 GMT)