U.S. Oil & Gas Plc to make the following announcement: Groundworks for the Company’s Eblana-9 well in Hot Creek Valley, Nevada, are now complete. The access road and pad have been constructed and most surface facilities are in place. A Permit to Drill has now been awarded by the Nevada Division of Minerals (NDOM), and the Company, through its wholly owned subsidiary Major Oil International LLC., has signed a rig contract. The Eblana-9 well will be drilled by Capstar Drilling, a subsidiary of Oil States International, currently operating in five US states. The contracted rig is Capstar 312, a 400 HP rig rated to 7,000 ft. depth. In addition, the Company has contracted Baker Hughes Oilfield Services for wellhead and surface control equipment. Weatherford International will conduct out the open hole well logging. Mobilisation of the rig from the Rocky Mountains area to the well site is now complete. Rig up, testing and safety checks are expected to be completed by 06:00 PT, 26th November. Spudding of the Eblana-9 well will take place shortly thereafter if no technical issues arise. Shareholders will be informed when drilling has begun. The Eblana-9 well will target a highly prospective formation on the Company’s East Prospect. The well will be drilled vertically to a depth of approximately 5,300 ft. Drilling to target depth is expected to take approximately eight days, and will be followed by five days of further operations for a probable total of thirteen days for the full programme. All the Company’s operations in Nevada are carried out by Major Oil Intl. LLC., the wholly owned subsidiary of US Oil and Gas plc. Through Major Oil, the Company owns a 100% interest in its Nevada leases.