Profitable Pinks

[ack0605]

USOG Revenue and Profit Summary
Revenue:
Q2-2010 $6.0 Million
Q1-2010 $5.4 Million

FY-2009 $9.4 Million
Q3-2009 $3.5 Million
Q2-2009 $1.6 Million
Q1-2009 $0.0

Gross Profit:
Q2-2010 $603,502
Q1-2010 $450,377
FY-2009 $996,095

Income (loss) from Operations:
Q2-2010 $97,717
Q1-2010 ($46,308)
FY-2009 ($719,398)

Net Income (loss):
Q2-2010 $6,807
Q1-2010 ($347,131)
FY-2009 ($840,041)

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.
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.

USOG is now listed as a U.S. Registered & Reporting: SEC Filer on OTCMarkets:
http://www.otcmarkets.com/stock/USOG/quote

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

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