28 November 2012 - U.S. Oil and Gas Plc - Court order granted in favour of US Oil
U.S. Oil and Gas Plc
("US Oil" or "the Company")
Court order granted in favour of US Oil
US Oil and Gas Plc (GXG:USOP), the oil and gas exploration company with exploration assets in Nevada makes the
In recent weeks, unlawful statements were posted on internet bulletin boards about US Oil and its directors. The Company denounces these wrongdoings and today successfully obtained a Court order requiring the operators of the websites concerned to disclose the identities of those users of the bulletin boards who had made the unlawful statements.
The bulletin boards on which the statements were made are as follows: www.iii.co.uk (Interactive Investor), www.lse.co.uk (London South East) and www.boards.ie. No legal complaints were made against the companies who own the relevant websites beyond the order seeking disclosure of the identities of certain users and the Company's sole objective was to seek this disclosure.
CEO Brian McDonnell said, 'the Company has no intention of being distracted from its agenda by these matters, but defamatory, false and misleading statements about the Company and its directors cannot be allowed to stand unchallenged. Those making such statements will see that there are consequences.'
THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT
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
Jonathan Charles +44 (0)779 189 2509
Simon Kiero-Watson +44 (0) 20 7653 1935
Alex Benger +44 (0) 20 7653 1935
Notes to Editors
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.
For further information please refer to our website at: www.usoil.US