United States Oil and Gas Corp (PINKSHEETS: USOG), announced that its operating subsidiary, Turnbull Oil, won a contract to deliver 85,000 gallons of propane to a private highway maintenance firm. The gas will be delivered over the course of about two weeks during the month of June, and will be used as part of a resurfacing project in the State of Kansas.
Chairman and CEO Alex Tawse commented, "Retail sales of propane are typically concentrated during the winter months when the weather is the coldest and the need for propane-fueled heating is the greatest. So, additional contracts such as this one benefit our bottom line and help us expand into other revenue streams. This sale alone almost doubles the volume of propane sold in June 2009."