U.S. OIL AND GAS PLC
LSE : USOP

U.S. OIL AND GAS PLC

February 18, 2011 13:00 ET

Disposal of Shares

                                            US Oil and Gas PLC

                                        ("US Oil" or "the Company")

                                            Disposal of Shares

US Oil and Gas (PLUS: USOP), the oil and gas exploration company with explorations assets in Nye County,
Nevada, announces that Nial Ring, a former director of US Oil, has disposed of 1,500,000 shares in the
Company on or about 10 February 2011.

For further information contact:

US Oil and Gas
Brian McDonnell, Chief Executive Officer                  +353 (0) 872383419

Tavistock Communications
Jonathan Charles                                         +44 (0)20 7920 3150
jcharles@tavistock.co.uk                                 +44 (0)7791 892509

                                                                                                     
Notes to Editors

USOil  and  Gas  plc  is a PLUS (Ticker: USOP) listed 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 in to
marketable opportunities for the medium and large-sized oil companies. The Company's main asset is  in  Nye
County, Nevada where it holds the entire share capital of the US-based company Major Oil International LLC.
Major  Oil has acquired, and intends to acquire, rights to exploration and development acreage in two  high
potential resource areas 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.

The IPDS Passive Seismic Survey results reported on 26th February 2010 showed high DHI (Direct Hydrocarbons
Indicator) readings for Section 2 (North), with DHI of 0.96.This section was identified as the likely first
well  drilling target and which has now been staked and prepared for the first well drilling campaign.  DHI
readings  for  Section 3 (East) of up to 0.59 DHI, led USOIL to nominate this section as its likely  second
well-drilling  target.  Geochemical results for Eblana Phase I indicates five clearly  defined  hydrocarbon
reservoirs, with excellent correlation with IPDS and gravity/magnetic survey results.

The final shortlist of well-drilling contractors has been drawn up and the result of the selection  process
will be announced in due course.

For further information please refer to our website at: www.usoil.us





                                                     


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