SOURCE: IO NewsWire

IO NewsWire

May 11, 2011 07:30 ET

(OTCBB: USOG) Diversified Revenue Streams Insulating The Company

Note to Editor, the Following Is an Investment Opinion Issued by the IO NewsWire

NEW YORK, NY--(Marketwire - May 11, 2011) - United States Oil and Gas Corp. (OTCBB: USOG) has released its balance sheet for 2010, showing that their model for diversifying revenue streams helped them through the volatile price swings of petroleum products.

By being on both sides, wholesale and retail, as well as being spread out over several geographic regions, United States Oil and Gas Corp maintains a steady operating income regardless of price swings on any particular product.

United States Oil and Gas also has made major steps in reducing the company's debt load. By restructuring debts, the company has protected its cash position putting it in a perfect position to acquire mid-sized family-run oil and gas service businesses.

For more information, please visit www.usaoilandgas.com

Other active stocks are Thoratec Corp (NASDAQ: THOR) Mammoth Energy Group (PINKSHEETS: MMTE) and Greene Concepts, Inc (PINKSHEETS: LKEN).

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