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US Oil & Gas Corp.: Valencia Research Group Issues 'Spec. BUY' Rating With $0.10 Target Price for United States Oil & Gas Corpo

^{Published on 2009-12-01 08:36:06 - Market Wire}
 

AUSTIN, TX--(Marketwire - December 1, 2009) - United States Oil & Gas Corporation (PINKSHEETS: [ USOG ]), a growing oil and gas products, services and technology company, today announced a new research report has been issued on the company by Valencia Research Group, an independent research firm, with a "Spec. BUY" recommendation and a $0.10 price target.

For the full report please open the attached pdf or visit [ www.usaoilandgas.com ]

About Valencia Research Group

Founded and led by Senior Equity Analyst Jasmine Breitbach, CFA, Valencia Research Group is one of only a select group of truly independent research firms which provide analytical rather than just promotional services. They do not accept any form of equity in order to protect objectivity, providing full and clear disclosure of the relationship between the company and the research firm to investors. Companies which engage a research firm such as Valencia to analyze their stock are trying to get information to investors and improve market efficiency, believing their shares are undervalued because investors are not fully aware of the company; and that their investment potential can stand up to rigorous scrutiny.

Ms. Breitbach has more than 15 years of diverse experience. She has performed in-depth analyses of a wide variety of companies ranging from small private companies to large public companies covering many industries, primarily focusing on determining corporate valuation and litigious risk exposures for Directors and Officers. Ms. Breitbach is a Chartered Financial Analyst (CFA) charterholder and a graduate of DePaul University where she obtained her MBA with a concentration in operations management. She received her Bachelor's Degree in Finance with a minor in Economics from Northern Illinois University. For additional information please visit Valencia's website: [ www.valenciaresearch.com ]

About United States Oil & Gas Corp. (USOG.PK)

United States Oil & Gas Corp. is focused on the domestic oil and gas services sector, acquiring oil and gas services companies with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. USOG also develops innovative technologies to increase oil and gas extraction with the smallest environmental footprint. Wholly owned subsidiary Turnbull Oil generated $16.5 million in revenue in fiscal year 2008.

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. USOG has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect USOG's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause USOG's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. USOG undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.