U.S. OIL AND GAS PLC
LSE : USOP

U.S. OIL AND GAS PLC

September 07, 2010 11:48 ET

Operations Update, Nye County, Nevada

7 September 2010

                                           U.S. Oil and Gas PLC

                                        ("US Oil" or the "Company")

                                               (PLUS: USOP)

                                   Operations Update, Nye County, Nevada

Analysis  of  the  structural  fault  systems and integration  of  the  Hydrocarbon  Resonance  values  and
geochemical results show high correlations for US Oil's first drilling target.

The  Directors  of  U.S. Oil and Gas plc are pleased to announce that the technical analysis  of  the  data
collected  at  US  Oil's  exploration  acreage in Hot Creek Valley,  Nevada,  confirms  an  extremely  high
correlation  between  the Hydrocarbon Resonance Energy Distribution using IPDS technology  and  Geochemical
Survey results.

The  technical  analysis by Geodynamics Research SRL examines the regional primary  and  secondary  surface
structure fault systems in conjunction with the results of the IPDS survey and UV-Vis Spectroscopy,  Iodine
and Soil electrical Analysis (umhos) for Eblana, Phase 1, Section 2 North.

The recent geochemical analysis in Section 2 North confirms three oil hydrocarbon seepages (Anomalies A,  B
and  C)  in  Section 2, the Infrasonic Passive Seismic Spectroscopy and Ultra Violet - Visible Spectroscopy
analysis, using the results of the Low Frequency Hydrcarbon Resonances Energy Distribution and Ultra Violet-
Visible  Spectroscopy within the Ultra Violet spectral region, are in high correlation around CCX031-CCX032
(Anomaly  C) in the North of Section 2.  Extrapolation of the Passive Seismic Data to the East from  CCX032
also correlates strongly with UV Absorbtion around Anomaly C.

This  correlation  has  again  been  confirmed  by  the analysis  of  the  Hydrocarbon  Resonance  Energies
distribution  and  Iodine distribution on the surface for CCX031-CCX032 (Anomaly C).  The  Soil  Electrical
Conductivity analysis again shows high correlation in the points identified with Section 2, North  (Anomaly
C).   Further extrapolation of the Passive Seismic Data to the East from CCX032 correlates highly with  the
Iodine Presence (Anomaly B).

US  Oil's  Chief Executive Officer, Brian McDonnell said, "this report confirms the excellent integrity  of
our  data  set,  and  reinforces our choice of first well drilling target, a  location  where  we  have  an
extremely  high Direct Hydrocarbons Indicator reading of 0.96.  We will continue to analyse  the  data  and
hope to confirm our 'spudding in' date for our first well target shortly."

US Oil has identified two well drilling targets as part of its Eblana Phase 1 programme operations.

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


For further information contact:

U.S. Oil and Gas plc
Brian McDonnell, Chief Executive Officer                 +353 (0) 872383419

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

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

Conduit PR
Jonathan Charles                                         +44 (0)20 7429 6611
jonathan@conduitpr.com                                   +44 (0)7791 892509


Notes to Editors

US  Oil  is  a  PLUS (Ticker: USOP) quoted 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 into  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.

For more information please visit: www.usoil.us

Contact Information

  • U.S. OIL AND GAS PLC