United States Oil and Gas Corporation Releases Preliminary Results From December Sales at Subsidiary; 22% Increase

AUSTIN, TX- United States Oil & Gas Corporation (USOG – News), a growing oil and gas products, services and technology company, is
pleased to report that sales during the month of December at the Company’s
wholly owned subsidiary, Turnbull Oil, were significantly higher than
during the same period last year.

Despite missing five days due to the recent severe winter storms that have
hit the Midwestern states including Kansas, where Turnbull operates, the
Company has posted higher sales in two of its key product areas, diesel and
propane. To date compared to last December, monthly sales of diesel and
propane are up 22% and 6%, respectively.

Strong demand from the oil field industry, a key part of Turnbull’s
customer base, has been driven in large part by the price of crude oil at
around $80 per barrel. Increased demand for the Company’s fuel services and
products has in turn driven sales volume higher and will likely contribute
to revenues for the fourth quarter that will be above expectations. This
follows what was already a strong third quarter from Kansas farmers’
harvesting record corn and soybean crops. Complete details of the Company’s
earnings will be provided after the quarter ends.

Because Turnbull has strong and consistent margins on its fuels and a
relatively large, established customer base, the business has been able to
turn a profit and increase revenue even in a down economy. Furthermore, the
opportunity to significantly expand Turnbull’s operations in the region
through several acquisition candidates is available, and the Company looks
forward to continuing to grow strategically in 2010.

About United States Oil & Gas Corp. (USOG – News)

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.

Contact:

Investor Relations

+1-512-464-1225

Email Contact

United States Oil & Gas Corp.

11782 Jollyville Road, Suite 211B

Austin, Texas 78759, USA

www.usaoilandgas.com