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SmallCapNewsRelease:(OTC:USOG) Announces 35% Increase in Sales by Pending Acquisition


JERICHO, NY--(SmallCapNewsRelease)--December 14th, 2009 United States Oil & Gas Corp. (OTC:USOG) announced today that their pending acquisition, United Oil & Gas has posted a 35% increase at its convenience outlet.

Sales of gas and home heating oil grew at United Oil & Gasís store grew by 163,000 gallons despite the rise of prices. Total revenue is expected to top 8 million dollars by the time the acquisition is completed at the end of this month. The companyís best year so far in terms of revenue is 7 million dollars posted in 2008.

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