StockSource.us Reports on the Latest from USOG Subsidiary's
Online, May 20, 2010 (Newswire.com) - Carson City, NV -- United States Oil and Gas Corp (Pinksheets:USOG), an oil and gas products, services and technology company, announced recently that its subsidiary, Turnbull Oil has purchased an additional fuel delivery truck to meet demand and its second subsidiary, United Oil has released audited financials for the period ending December 31, 2009
Turnbull, which had revenues of approximately $14 million in 2009, was founded in 1965. It is based in Plainville Kansas, and derives its revenue primarily from the distribution and sale of refined oil and gas products, such as diesel fuel, gasoline, and propane.
These fuels are purchased from local suppliers, are stored in an on-site bulk storage plant and then sold and delivered to a broad range of regional customers via tanker truck. When not delivering its fuel to its own customers, Turnbull leases its trucks to other local businesses, maximizing its fleet's usage.
Turnbull plans to purchase an additional 10,500 to 11,200 gallon tanker in the next several months. Turnbull's hauling capacity now stands at approximately 50,000 gallons
At United Oil, sales of fuel are made throughout North Dakota, South Dakota, and Montana. Total assets as of December 31, 2009 were $437,997. A net loss of $135,000 on sales of $4.3 million were reported for the year then ended.
CEO Alex Tawse said, "We are pleased with the progress our team has made, and look forward to the benefits we expect from the synergies across business units."
Follow StockSource.us reports on Twitter at http://twitter.com/penny_stock.
and Facebook at www.facebook.com/stockp
StockSource.us (http://www.stocksource.us) Reports on Stocks to Watch:
United States Oil & Gas Corp. (Other OTC: USOG), Amico Games Corp. (OTCBB:AMCG), OMDA OIL & GAS INC (PINK:OOAG), Nitro Petroleum, Inc. (OTCBB:NTRO), CANNON EXPLORATION INC (PINK:CNEX), Wellstar International, Inc. (OTCBB:WLSI), Renewal Fuels, Inc. (OTCBB:RNWF)
Featured Stock:
United States Oil & Gas Corp.
(Other OTC: USOG)
www.StockSource.us/focusstock/usog
For A Comprehensive Coverage of this Stock with Analyst Reports and Interviews Please Visit:
www.StockSource.us/focusstock/usog
E-mail: info@StockSource.us | Phone number: 858-750-9041
For stock picks and investment community interaction please follow us on Twitter www.twitter.com/penny_stock and join our Facebook Page stocksource.us
Other Stocks to Watch:
Amico Games Corp. (OTCBB:AMCG)
Amico Games Corp., formerly Destiny Minerals Inc., is an interactive entertainment media company. The Company is engaged in developing multi-player networked mobile phone games that are played over the mobile Internet in China
OMDA OIL & GAS INC (PINK:OOAG)
OMDA Oil and Gas, Inc. and its wholly owned subsidiaries, OMDA Oil & Gas Management, Inc. and Texas OMDA Drilling & Operating, Inc. and OMDA Oil & Gas, Inc. (Texas), are in the business of oil and gas production and lease acquisition
Nitro Petroleum, Inc. (OTCBB:NTRO)
Nitro Petroleum Incorporated (Nitro) is a development-stage company engaged in the acquisition and exploration of gas and oil properties. The Company had entered into an acreage participation agreement with REO Energy, Ltd. as a holder of approximately 2,000 acres of mineral leases in and around Montague County, Texas (the Gross Area).
CANNON EXPLORATION INC (PINK:CNEX)
Cannon Exploration Inc. engages in the precious mineral exploration business in Canada. It was formerly known as Park 8000 Corporation and changed its name to Cannon Exploration Inc. in March 2008
Wellstar International, Inc. (OTCBB:WLSI)
Wellstar International, Inc. through its wholly owned subsidiary, Trillennium Medical Imaging, Inc. (Trillennium) is engaged in developing and licensing the use of advanced thermal imaging technology (TMI SYSTEM) in the consumer health care markets worldwide
Renewal Fuels, Inc. (OTCBB:RNWF)
Renewal Fuels, Inc. (Renewal Fuels), formerly Tech Laboratories, Inc., is engaged in the business of designing, developing, manufacturing and marketing biodiesel processing equipment and accessories to convert used and fresh vegetable oil into clean-burning biodiesel.
StockSource.us - Penny Stocks Research Reports Investor Relations
StockSource.us offers a newsletter covering Value Stock companies traded on the OTC, OTCBB, PINKSHEETS and AMEX stock exchanges. Subscribers to our Stock Picks newsletter will receive up to date time sensitive press releases and profiles on featured companies traded on various small cap stock exchanges such as otc, otcbb, pinksheet and amex. Other sectors we cover are: alternative energy stocks/companies (solar stocks, wind stocks, hydro stocks, nuclear stocks, uranium stocks, biofuel stocks, clean coal stocks) as well as oil and gas stocks, gold stocks and mining stocks.
Penny Stock research reports and investor relations are provided by StockSource.us, visitors to our web site can sign up for our penny stock newsletter and be updated when we begin coverage on new small cap companies. Penny Stocks trade in the Small Cap Market being informed is a critical component to making decisions when Investing. Penny Stock coverage is what StockSource.us covers and strives to keep you updated on companies looking to move ahead of the pack, giving you the best penny stock information. Sign up today and stay informed allow StockSource.us to provide you with the latest research reports on hot penny stocks and Stock Tips.
StockSource.us, owned by Iron Consulting Inc.
Iron Consulting delivers a broad spectrum of services designed to meet your goals and fit your budget. They include: Search Engine Optimization, Email Campaigns, Financial News Distribution and Media Exposure, CEO Interviews, Analyst Reports, Investment Opinion Services, Web Design and Development, Audio & Video Profiles and Shareholder Communications.
Disclaimer:
StockSource.us is owned and operated by Iron Consulting. Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), StockSource.us is owned and operated by Iron Consulting. Iron Consulting has been compensated by Equity Alliance International: $30 000 for investor relations services for USOG. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements ar e made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
www.StockSource.us/focusstock/usog
(Ñ) 2006 StockSource.us All Rights Reserved. Disclaimer
E-mail: info@StockSource.us | Phone number: 858-750-9041