(OTC: USOG) CEO Speaks on Acquisitions and the Future of the Company
11 1월 2010 - 6:00PM
Marketwired
United States Oil & Gas Corp (PINKSHEETS: USOG) CEO Alex Tawse
spoke to www.SmallCapVoice.com on January 7th, 2010 about its
successful acquisitions and the direction of the company going
forward.
With the recent acquisition of XTO Energy by Exxon Mobil,
consolidation in the oil and gas sector has shown increased
activity. US Oil & Gas has recently acquired a North Dakota
based gas and oil product provider for an as yet undisclosed amount
of cash, stock and promissory note to grow its footprint in the
upper mid west.
With oil-drilling tax breaks enacted in North Dakota during
2007, increased interest has been raised in the Bakken formation,
which the recently acquired United Oil is located near. An increase
in exploration and drilling efforts in the area should materialize
into increased revenue from United Oil's local business.
For more information on United States Oil & Gas, visit
www.stocksource.us/usog.html.
Other active stocks are Cyclacel Pharmaceuticals (NASDAQ: CYCC)
Palm Inc (NASDAQ: PALM) and AK Steel Holdings (NYSE: AKS).
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