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.

American Depository Receipt FAQs

The following information does not contain all the information that may be important to you. For more complete information, we highly recommend that you read the entire deposit agreement and the form of American Depositary Receipt, which contains the American Depositary Shares terms.

What is an American Depositary Receipt (ADR)?
ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company.  US Oil & Gas’s ADRs represent US Oil & Gas’s ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars (if applicable) and have the right to vote on shareholders resolutions. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors.  

What is an ADR ratio?
This is the relation between the number of ADRs and the number of ordinary shares. Every 10 ordinary US Oil & Gas share represents 1 US Oil & Gas ADRs.

What are the benefits of ADRs to US investors?
U.S. investors may prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to U.S. market conventions. One of ADRs’ top advantages is the facilitated diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information.

What types of companies issue ADRs?
ADR issuers are typically large multinational corporations. Any non-U.S. company seeking to raise capital in the U.S. or increase their base of U.S. investor can issue ADRs.  

Is it easy to get information and updates on US Oil & Gas?
Information is widely available on US Oil & Gas’s website:
www.usoil.us/

Trading information is readily available on our Depositary bank’s website:
https://adr.db.com/drweb/index.html

and on third party sites:

http://www.otcmarkets.com/stock/USOPY/quote
http://www.bloomberg.com/quote/USOPY:US/chart

Where are US Oil & Gas ADRs traded?
US Oil & Gas ADRs are traded on the OTC. You can refer to:
https://adr.db.com/drweb/index.html

Who is US Oil & Gas’s depositary for ADRs?
Deutsche Bank Trust Company Americas. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars (if applicable) and facilitates the exercise by the ADRs holders of their voting rights (if applicable).  

What is the difference between a Registered ADR holder and a Beneficial ADR holder?
A registered holder is one whose name appears on the books of the depositary bank. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.  

How do I convert my ordinary shares into ADRs?
Converting ordinary shares into ADRs must be done through a broker investment advisor or through Deutsche Bank Trust Company Americas. You can contact Deutsche Bank broker services desk on +1 212 250 9100 or +44 207 547 6500

How may I check how many ADRs I hold?
If you do not hold via a broker, bank or nominee, please contact our transfer agent:
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: DB@amstock.com
Toll-free number: +1 866 706 0509
Direct Dial: +1 718 921 8137

To receive your US Oil & Gas Annual Report, or other shareholder or company information please contact Investors Relations via US Oil & Gas’s website
www.usoil.us/?q=contact_us

How may I find out corporate action information on US Oil & Gas?
For corporate action information, please visit:
http://www.adr.db.com. Search for US Oil & Gas and then select Corporate Actions tab. Alternatively you may contact Deutsche Bank Trust Company Americas Shareholder Services on toll-free number +1 866 706 0509 or Direct Dial: +1 718 921 8137.  

How do I obtain historical share prices of US Oil & Gas’s ADRs, for the purpose of completing my tax return?
Historical share prices for US Oil & Gas’s ADRs can be found on Deutsche Bank website (http://www.adr.db.com).