U.S. Oil & Gas plc - Rematerialisation of Share Certificates
PR Newswire
Rematerialisation of Share Certificates
U.S. Oil & Gas Plc, ( USOIL or the Company ), the oil and gas exploration company with assets in Nevada, makes the following announcement:
As a result of Brexit, Euroclear UK & Ireland, a UK-incorporated company, will cease to provide Issuer Central Securities Depository (CSD) services to Irish corporate securities via the Crest system as of 30 June 2021.
Irish companies were presented with two alternative courses of action they could take in response to this development: corporate securities could be migrated from Euroclear UK & Ireland to Euroclear Bank (Belgium). Or, a company could choose not to migrate and instead require shares to be rematerialised as physical share certificates to be held by the shareholder or their registered agent such as a broker.
U.S. Oil & Gas plc - Operations Update
PR Newswire
Update
U.S. Oil & Gas Plc, ( USOIL or the Company ), the oil and gas exploration company with assets in Nevada, is pleased to make the following announcement:
Operational update
As previously announced, the Company has submitted Notices of Staking for three drill locations in its West Play: Eblana-7, Eblana-8 and Eblana-13. The locations are on one of two zones with interpreted Palaeozoic slide block structures suggested by geophysical and geochemical data and which may feature carbonate lithology. These zones appear to be analogues of Railroad Valley s Grant Canyon Field, and each may contain multiple slide blocks. The data suggests that in the West Play multiple slide blocks may exist within the Company s acreage.
April 16, 2021 | USA: Middlesex, NJ | Source: Galileo Technologies
Galileo Technologies (Galileo) has expanded its presence in the United States with the launch of Galileo Compression USA, a division of the energy company’s compression business. Compression USA will focus on the sales and distribution of compression solutions and products, such as compressed natural gas (CNG).
The formation of a U.S. division is supported by Galileo’s more than 30 years of global experience in compression products and services, and positions the Argentina-based company for growth opportunities in the North American market.
“The U.S. Oil & Gas compression market is radically changing as its participants are increasingly shifting to asset light, high-technology solutions with an ESG focus” said Osvaldo del Campo, Global Chief Executive Officer of Galileo. “With years of experience in compression services and products, we are prepared to take this important step in serving our customers
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