Wednesday, March 17, 2010

Beacon Equity Research Featured Company: U.S. Oil and Gas Corp. (USOG.PK)

U.S. Oil and Gas Corp. is an independent oil and gas exploration, development and production company with operations in Illinois, Kentucky and Indiana. The company was founded in 1990 by Anithalee Alex, Jr.

After studying oil and gas exploration and development in geology school, Mr. Alex gained practical experience during the 1980s by working for several established oil exploration and development companies. By being part of the management team and working closely with geologists and drillers, he became experienced in oil exploration and oil field well management and built a network of contacts in the field.

U.S. Oil and Gas’ corporate strategy involves: acquisition, integration and collaboration of existing and profitable small to mid-sized oil and gas services companies; and the development of innovative, proprietary oil and gas exploration and extraction technologies enabling higher production efficiency at minimal environmental impact.

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