U.S. OIL AND GAS PLC
LSE : USOP

October 27, 2011 07:47 ET

Adjourned Annual General Meeting ("AGM") Results

27 October 2011

                                                   
                                         U.S. Oil and Gas plc
                                     ("U.S. Oil" or "the Company")
                           Adjourned Annual General Meeting ("AGM") Results
                                                   


U.S. Oil and Gas plc (PLUS: USOP), an oil and gas exploration company with its main assets in Nevada,
USA,  hereby announces the results of its adjourned AGM held on the 25th October, 2011 in the Hotel
Kilkenny, Kilkenny, Republic of Ireland as follows:

Ordinary Business                                               Results of the Vote


Resolution 1

To receive and consider Statements of Account                              Approved
for the year ended 30 September 2010 and the
reports of the directors and auditors thereon

Resolution 2

To elect Chris Comerford as a director                                     Declined

Resolution 3

To elect Chris Comerford as a member to                                    Declined
the Audit Committee and the Remuneration 
Committee of the Company

Resolution 4

To re-elect Jimmy Guiry                                                    Declined

Resolution 5

To authorise the directors to fix the                                      Approved
auditors remuneration

Resolution 6

To empower the directors to allot                                          Approved
equity securities


Special Business

Resolution 7

To authorise the Directors to establish an                                Declined
Employee Share Option Scheme

Resolution 8

Approve and adopt the new Memorandum and                                  Approved
Articles of Association of the Company


No Poll was called in respect of any of the above mentioned Resolutions.

The results of the voting on the above mentioned Resolutions mean that Mr James Guiry, Non-Executive
Chairman, was not re-elected as Director of the Company and Mr Chris Comerford was not elected as
Director of the Company at the Annual General Meeting (AGM) of the Company held yesterday.  As such,
the Company's board currently consists solely of Brian McDonnell.


U.S. Oil and Gas plc wishes to thank Mr. Guiry and Mr Comerford for their service to the Company.

Further announcements regarding the Company's adjourned AGM held on the 25th October 2011 may be made
as and when appropriate.


THE DIRECTOR OF THE COMPANY ACCEPTS RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT

                                              ---ENDS---

For further information contact:

U.S. Oil and Gas plc
Brian McDonnell, Chief Executive Officer +353 (0) 87 2383419

SVS Securities plc - PLUS Corporate Adviser
Peter Ward / Alexander Brearley +44 (0)20 7638 5600

SVS Securities plc - Broker
Ian Callaway / Alex Mattey +44 (0)20 7638 5600
ian.callaway@svssecurities.com

Lionsgate Communications - Financial Public Relations
Natalia Egorova +44 (0)7500 828771


Notes to Editors

U.S.  Oil  and Gas plc is a PLUS-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.

US  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 AND GAS PLC

Contact Information

  • U.S. OIL AND GAS PLC