February Open Offer to shareholders - please click links below for documents.

Press Releases | U.S. OIL & GAS plc

Open Offer Application Form CL. Open Offer Circular. Latest surveys A large-scale reconnaissance Geochemical survey completed January of the hitherto unsurveyed lease area indicate large potential hydrocarbon seepage anomalies and multiple faults and traps.

Anomaly groupings were of acres, acres and 4, acres respectively. The latter was the largest anomaly so far identified.

The circular character of the geochemical anomalies is consistent with those at the productive Railroad Valley, and the anomalies exhibit many of Railroad Valley's geological relationships. Testing confirmed two producer zones, approximately feet cumulative net pay, and identified oil of 33 and This was the first discovery of light, sweet crude in Nevada in approximately 30 years.

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Probabilistic aggregation of prospective resources in multiple areas, not arithmetic summation. Net figures reflect adjustment downwards for The objective of the latest CPR was to update the resource categorization, hydrocarbon volume estimates and financial model, and to make recommendations for future exploration of the Hot Creek Valley concession incorporating the results from Eblana 1.

For the mobile-friendly version of the site, scan this code with your smartphone. 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.

February Open Offer to shareholders - please click links below for documents Open Offer Application Form CL. Results can be summarised as follows: Latest News 26 April, - U.

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