U.S. Oil and Gas Plc reported audited consolidated earnings results for the year ended July 31, 2018. For the year, the company reported operating loss of USD 1,052,926 against USD 750,849 a year ago. Loss for the year from the continuing operations was USD 1,052,861 against USD 750,898 a year ago. Loss attributable to equity holders of the company was USD 1,052,861 against USD 750,898 a year ago. Basic loss per share from continuing operations was 1.81 cents against 1.52 cents a year ago. Diluted loss per share from continuing operations was 1.71 cents against 1.45 cents a year ago.