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.

28 September 2012 - U.S. Oil & Gas plc - Workover Programme Update

U.S. Oil & Gas Plc.  

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

 

Workover Programme Update
                                                       
The  Company  is  pleased  to report that the workover programme on Eblana #1 is making satisfactory  progress, although  slower than envisaged due to the complexities of multiple zones. The Company will report results,  in accordance with standard industry practices, once the current programme is complete.

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

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