Business & Finance
Business and Finance
Business and Finance
Mon, June 14, 2010 US Oil & Gas Corp: United States Oil and Gas Corp Wins Contract for Fuel Used in Highway Project
AUSTIN, TX--(Marketwire - June 14, 2010) - United States Oil and Gas Corp (
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."
About United States Oil and Gas Corp
United States Oil and Gas Corp is focused on acquiring and growing domestic oil and gas services companies. The Company targets small to mid size family-run businesses with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. For more information, please visit the Company's website at [ www.usaoilandgas.com ].
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company'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 the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company 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.
