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.

24 August, 2012 - U.S. Oil & Gas Plc - Total voting Rights

U.S. Oil & Gas Plc.

("U.S. Oil" or the "Company")

Total Voting Rights

In  accordance with the GXG rules, the Board of U.S. Oil and Gas plc confirms that the Company has  41,682,356, 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  EURO 4,423.78. The Company holds 717,612 ordinary shares  in  its  treasury,  which represents 1.72% of the issued ordinary share capital of the Company.

Correction. On the 15th August 2012 when the company announced its interim results it included a statement that it  had  raised $1.4m. The figure should have read $1.7 m as per the announcement on 27th July as well  as  the announcement of the final results.



For further information contact:

U.S. Oil & Gas plc

Brian McDonnell, Chief Executive Officer +353 (0) 872383419

Lionsgate Communications - Financial Public Relations

Jonathan Charles +44 (0)7791892509

Notes to Editors

U.S. Oil & Gas plc is a GXG 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 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.

U.S.  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 & Gas PLC