US Oil

The Company today received notification that SVS Securities plc (“SVS”) disposed of 825,500 ordinary shares of €0.0001 each in the Company (“Ordinary Shares”) on 17 June 2010.  Consequently, SVS now holds 1,174,500 Ordinary Shares with one voting right each, representing 3.71% of the voting rights in the issued ordinary share capital of the Company. SVS’ interest relates to a legal and beneficial holding.

U.S. Oil and Gas plc (PLUS: USOP), the oil and gas exploration company with exploration assets in Nye County, Nevada, announces that it has today placed 5,095,545 new ordinary shares of €0.0001 each (the "Placing Shares") at a price of 5.5p per share (the “Placing”). The Placing has raised gross proceeds of approximately £280,255 for the Company which will be used to complete the preparations for a drilling programme planned for later in the year.

U.S. Oil and Gas Plc (Ticker: USOP) reports that Passive Seismic Survey results for an area of its Nevada lease show three high potential well-drilling targets.

U.S. Oil and Gas plc
                                                       
                                               ("the "Company")
                                                       
                                                 Board Changes
 
U.S.  Oil and Gas plc (PLUS: USOP), the oil and gas exploration company with exploration assets in Nye  County, Nevada,  announces the appointment of Mr Christopher Kieran Comerford as Non Executive Director of the  Company with effect from today.