Information  X 
Enter a valid email address

U.S OIL And GAS Plc (USOP)

  Print      Mail a friend

Wednesday 21 July, 2010

U.S OIL And GAS Plc

Geochemical Results Eblana Sect 1 and 3 - Struc...



21 July 2010

                                             U.S. Oil and Gas plc

                                          ("USOIL" or "the "Company")

     Geochemical Results Eblana Sect 1 and 3 - Structures Identified Similar to Producing Wells in Region

Further  analysis  of the results of geochemical tests from USOIL's Eblana Phase 1, Sections  1  (West)  and  3
(East)  survey  areas confirms the presence of oil and indicates structures that are analogous  to  the  nearby
oilfields in Trap Springs, Railroad Valley, 20 miles to the east.  This result confirms the Company's choice of
Section  3  (East) as its second well-drilling target.  Detailed analysis of data from Section 1  (West)  shows
that a massive fault (SW/NE) lies through Section 1 (West) and Section 3 (East).

Samples  have  now  been  analysed  for Magnetic Susceptibility (MS), High Resolution  Soil  Spectral  Analysis
(HRSSA),  and  hydrocarbon content. by UV-Vis Spectroscopy, Iodine, and Soil Electrical  Conductivity  (umhos).
These analysis methods are independent of one another.

Section 3 (East) yields a consistent halo anomaly towards the southeast of the survey area.  Halos, circular or
semi-circular  features, are anomalous hydrocarbon seepage phenomena detected at the surface, representing  the
edges of the hydrocarbon reservoir at depth.  Such features help pinpoint the optimal position for drilling.

Compositional  information for Section 1 (West) was extracted from the hydrocarbon data  using  ratios  of  the
spectral  wavelengths (240nm / 340nm) over the entire absorption range.  This analysis compares  low  molecular
weight  straight chain alkanes to high molecular weight aromatic rings.  Results show a build up of  gas  along
the  area previously discussed as being a diagonal linear anomaly.  Section 1 (West) exhibits a diagonal linear
anomaly that is indicative of a massive fault, a geological barrier, or a geochemical barrier.

Surface  structure  interpretation shows that the lease area appears to be part of  a  major  fault,  with  the
orientation of en echelon faults west of Hot Creek striking approximately East - West or Northeast - Southwest.
Faults east of Hot Creek strike approximately North - South.

The  major finds in Railroad Valley are associated with similarly oriented faults, and when these locations are
analysed  by age they exhibit a strong relationship to USOIL's Section 3 (East). The location of the  halo  and
associated anomaly coincides closely with the older faults in the survey area.

Chief  Executive Officer Brian McDonnell says, 'Our analysis shows Section 3 (East) exhibits an anomalous  halo
coincident with existing faults and fractures similar to those associated with prolific production in  Railroad
Valley, an extremely encouraging result.  We will now look closely at what is happening in Section 1 (West) and
the tremendous fault running diagonally across the survey area.'

The  geochemical  results  for  Section 3 (East) will now be integrated with the geophysical,  geochemical  and
passive  seismic information already collected, to complete the stratigraphic picture for the second of USOIL's
well-drilling targets.

THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT.

For further information contact:

US Oil and Gas plc
Brian McDonnell, Chief Executive Officer                 +353 (0) 872383419
beamac@eircom.net

SVS Securities plc - PLUS Corporate Adviser
Peter Ward / Alexander Brearley                          +44 (0)20 7638 5600

SVS Securities plc -  Broker
Ian Callaway / Alex Mattey                               +44 (0)20 7638 5600

Conduit PR
Jonathan Charles                                         +44 (0)20 7429 6611
jonathan@conduitpr.com                                   +44 (0)7791 892509

Notes to Editors

US  Oil and Gas plc is a PLUS (Ticker: USOP) listed oil and gas exploration company with a strategy to identify
and  acquire  oil and gas assets in the early phase of the upstream life-cycle and mature them into  marketable
opportunities for the medium- and large-sized oil companies. The Company's main asset is in Nye County,  Nevada
where  it  holds the entire share capital of the US-based company Major Oil International LLC.  Major  Oil  has
acquired, and intends to acquire, rights to exploration and development acreage in two high potential  resource
areas in Hot Creek Valley, Nye County, adjacent to the oil and gas rich Railroad Valley area of Nevada, both of
which are part of the Sevier Thrust of central Nevada and western Utah, USA.

The  IPDS  Passive  Seismic Survey results reported on 26th February 2010 showed high DHI (Direct  Hydrocarbons
Indicator)  readings for Section 2 (North), with DHI of 0.96.  This section was identified as the likely  first
well  drilling target.  DHI readings for Section 3 (East) of up to 0.59 DHI, led USOIL to nominate this section
as  its  likely second well-drilling target.  Positive geochemical results for Section 2 (North)  have  already
been  reported.   Seepage  of  hydrocarbons from the subsurface at Section 3  (East)  is  now  also  confirmed,
correlating highly with IPDS and gravity/magnetic survey results.

For further information please refer to our website at: www.usoil.us

U.S. OIL AND GAS PLC