United States Oil and Gas Corp (fka USOG)

[B7$4]

"USOG News" NEW YORK, NY, Feb 18, 2010 (MARKETWIRE via COMTEX) --

United States Oil & Gas Corp (PINKSHEETS: USOG | Quote | Chart | News | PowerRating) released earlier this week an update on their growing base of customers and their robust distribution system.

A breakdown of United States Oil & Gas (USOG) sales figures shows natural gas
accounting for nearly 70% of overall revenue without one single client accounting for more than 5% of total sales. Natural gas provides nearly a 40% mark-up (industry average) from distribution to customer, ensuring better profit margins to USOG compared to competitors with a lower percentage of overall sales of natural gas. The sustained lower temperatures in the upper mid-west should keep sales up throughout the remaining quarter.

USOG has the capability to store over 100,000 gallons of refined fuels with the ability to branch out to an additional 6 acres adjacent to its current location leaving them flexible to a sharp increase in demand.

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