U.S. OIL AND GAS PLC
LSE : USOP

March 22, 2013 10:00 ET

American Depository Receipt ("ADR") Programme

22 March 2013

U.S. Oil & Gas plc 
("U.S. Oil" or the "Company")

Trading commences for American Depository Receipt ("ADR") Programme

U.S. Oil & Gas plc (GXG: USOP), an oil and gas exploration company with exploration assets in Nevada, 
is pleased to announce that with effect from 22 March 2013 trading has commenced on the Over-the-Counter 
("OTC") market in the United States of America. 

The Company has appointed Deutsche Bank as its Depository to establish and maintain the ADR facility.  
Investors can find current disclosure for the company on: otcmarkets.com/stock/USOPY/company-info.

Each ADR is equivalent to 10 U.S. Oil ordinary shares which are traded on the London-based GXG Market. 

Details of the U.S sponsored ADR programme are as follows:

U.S Exchange:			OTC
CUSIP Number:			90346U107
ISIN:				US90346U1079
ADR Ticker Symbol:     		USOPY
ADR Ratio:     			1 ADR = 10 ordinary shares

Brian McDonnell, CEO of U.S. Oil, said, "The ADR programme is intended to address interest from U.S. 
investors to participate in our Company."

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

Neither this announcement nor the information contained herein constitutes an offer or solicitation by 
U.S. Oil and Gas plc for the purchase or sale of any securities nor does it constitute a solicitation to any 
person in any jurisdiction where solicitation would be unlawful.


For further information contact:

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 
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

ADR Broker Desk, Deutsche Bank
United Kingdom
Simon Davies and Richard Willis
Tel: +44 (0) 20 7547-6500
Fax: +44 (0) 20 7547-9995
E-mail: adr@db.com

USA
Jay Berman
Tel: +1 212 250-9100
Fax: +1 732 544-6346
E-mail: adr@db.com

About American Depositary Receipts (ADRs)

An ADR is a negotiable certificate that represents ownership in securities of a non U.S. company. ADRs 
are issued by a sponsoring U.S. bank and denominated in U.S. dollars. An ADR represents a specified number 
of shares (or one share) in a foreign stock that is traded on a U.S. exchange. 

ADRs allow foreign companies shares to be traded in a similar manner to shares in U.S. companies on the New 
York Stock Exchange (NYSE), the American Stock Exchange (AMEX), Nasdaq and the over-the-counter (OTC) market. 
ADRs enable U.S. citizens to acquire shares in a foreign company without the need for cross border or cross 
currency transactions. Any dividends and capital gains are in U.S. dollars. 

About U.S. Oil & Gas

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.

U.S. Oil & Gas PLC.

Contact Information

  • U.S. OIL AND GAS PLC