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.

3 September, 2012 - U.S. Oil & Gas Plc - Results of Annual General Meeting

U.S. Oil & Gas Plc.

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

Results of Annual General Meeting

The  Board  of  Directors  of U.S. Oil & Gas Plc is pleased to announce that at the  Company's  Annual  General Meeting held on Friday 31 August, 2012 all resolutions were duly passed.

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

For further information on this announcement please contact:

U.S. Oil & Gas plc

Brian McDonnell, Chief Executive Officer +353 (0) 87 238 3419

Alexander David Securities Ltd - Corporate Finance Adviser

Fiona Kinghorn/David Scott  +44 (0) 20 7448 9800

Lionsgate Communications - Financial Public Relations

Jonathan Charles +44 (0)779 189 2509

jcharles@lionsgatecomms.com

GXG Markets

Simon Kiero-Watson  +44 (0) 20 7653 1935

skw@gxgmarkets.co.uk

Alex Benger  +44 (0) 20 7653 1935

ahb@gxgmarkets.co.uk

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.

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

U.S. Oil & Gas PLC