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United States Oil and Gas Corp (fka USOG) RSS Feed

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United States Oil & Gas Corporation

USOG is a U.S. SEC Registered & Reporting Company
SEC suspended trading on June 7, 2011

  

Welcome to United States Oil & Gas Corporation
United States Oil and Gas Corp (OTCQB: USOG) (PINKSHEETS: USOG) is an oil and gas products, services and technology company headquartered in Austin, Texas. Through our subsidiary, we market and distribute refined oil and gas (diesel, gasoline, propane, high octane racing fuels and lubricants) to wholesale and retail customers in the United States. We own and operate a gas station and convenience store in Belcourt, and hold approximately six acres of developable land in Bottineau, North Dakota. We are focused on acquiring and growing domestic mid size family-run oil and gas services businesses with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place.
 

USOG Revenue and Profit Summary

Revenue:                                       Income (loss) from Operations / Margin:
FY-2010 $24.7 Million                      FY-2010 ($19,250)   (7.8%)
FY-2009 $9.4 Million                          FY-2009 ($719,398)  (7.7%)

USOG is a Security and Exchange Commission (SEC) reporting company with fully audited financial reports.

Acquisitions

USOG acquires United Oil Inc.
AUSTIN, TX--(Marketwire - January 6, 2010) - United States Oil & Gas Corporation (USOG), a growing oil and gas products, services and technology company, is pleased to announce that it has closed its acquisition of United Oil ("United"), a profitable North Dakota-based distributor of refined fuels and other oil-based products.

USOG acquires Turnbul Oil Inc. - SOLD BACK TO OWNER OCTOBER 1, 2011
AUSTIN,  TX-- (May 18, 2009) - United States Oil and Gas Corp (USOG), a Delaware corporation, today announced that it has finalized and signed the purchase agreement of Turnbull Oil, Inc. (Turnbull), a profitable oil and gas distributer located in Plainville, Kansas. The acquisition included Turnbull subsidiary Basinger, Inc. which is located in Utica, Kansas, and has 30,000 gallon storage capacity for propane as well as over 300,000 gallons of storage available in portable tanks ranging in size from 100 gallon to 1,000 gallons.


Intellectual Property

Patent for A SIMPLE FIBEROPTIC SEISMOMETER FOR RUGGED ENVIROMENTS that may reduce the cost of seismic sensor arrays having the fidelity and reliability necessary for permanent downhole and seafloor installations. The advancement should make big oil techniques for oilfield production management and exploration available to middle market players.

In addition to our acquisition strategy, USOG intend to investigate the development or licensing of our patented proprietary motion sensor technology for rugged environments. The patent was issued in the United States on May 11, 2010 under patent number 7,714,271 B1, and if applicable maintenance fees are paid, the patent has a term of 20 years from the date of issuance. We have not filed patent applications in any other country. We hope this intellectual property will facilitate the successful development and commercialization of techniques and devices enabling greener exploration and production; ones that minimize the environmental footprint of drilling activity. This technology, called Simple Fiber Optic Seismometer for Harsh Environments, is a motion sensor that registers the force and measures the magnitude of an environmental disturbance.


Due Diligence Links

USOG Security and Exchange Commission (SEC) Filings:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001439154&type=&dateb=&owner=include&count=40

USOG United States Patent and Trademark Office Link:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=7714271.PN.&OS=PN/7714271&RS=PN/7714271

USOG OTCMarkets Quotation and Level 2:
http://www.otcmarkets.com/stock/USOG/quote

USOG Marketwire Press Releases:
http://www.marketwire.com/AdvancedSearch/AdvancedSearchResults.aspx?sid=90f2bda7-ffd7-4dcb-9a32-bc6c7db7229f

Bloomberg Businessweek USOG Snapshot:
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=USOG:US

Barchart.com Snapshot Opinion on USOG:
http://www.barchart.com/quotes/stocks/USOG

Stock Technical Analysis on USOG from StockTA.com
http://www.stockta.com/cgi-bin/analysis.pl?symb=USOG&num1=1&cobrand=&mode=stock

 

http://www.usaoilandgas.com

 

Investor Relations
(512) 464-1225
investor.relations@usaoilandgas.com

 

 

 

DISCLAIMER:
 
Opinions expressed on this board are just that - Opinions. No moderator on this board is a licensed broker. Trading strategies discussed on this board are often high risk and not suitable for all investors. The information, view's or opinions written about United States Oil & Gas Corp (USOG) and posted on the InvestorsHub.com, Inc. ("iHub") website are solely of the authors and not iHub or USOG and are completely independent and should no way be considered an endorsement from either USOG or iHub. The information obtained from this site is not to be used or misconstrued as investment advice.
 
Please do your own due diligence before buying or selling ANY SECURITY in the open market.
 
United States Oil & Gas Corp and Investors Hub are separate, unaffiliated companies and are not responsible for each other's products, services or content. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. United States Oil & Gas Corp does not and will not warrant the information or content that may be obtained while using the Investors Hub web site.
 
InvestorsHub.com, Inc. ("iHub") and its employees assume no responsibility for the accuracy, completeness, objectivity, or usefulness of the information presented on the iHub site. Investors Hub does not endorse any recommendation or opinion made by any member, nor does iHub advocate the purchase or sale of any security or investment. You are responsible for your own investment decisions.  
 

 

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