Del Mar,Ca-- United States Oil and Gas Corp (Pinksheets:USOG), the growing oil and gas products, services and technology company announced that, subsidiary Turnbull Oil hauling capacity has been increased with the purchase of an additional fuel delivery truck.
The new truck is configured to haul refined fuels in the summer months and propane in the winter. The company’s hauling capacity now stands at approximately 50 000 gallons.
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.
Chairman and CEO Alex Tawse commented, "It is critical for us to continue to meet customer needs, and grow market share. We believe that the prudent use of our capital resources will help us best serve our customers and stockholders, particularly in an improving economic environment. We believe that this new truck and the possible addition of another tanker in the near term will allow us to pursue more hauling for hire and brokerage of both fuel and propane to new customers."
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United States Oil & Gas Corp. (Other OTC: USOG), B Green Innovations, Inc. (OTCBB:BGNN), San West, Inc. (OTC:SNWT), OMDA OIL & GAS INC (PINK:OOAG), Amico Games Corp. (OTCBB:AMCG), Epicus Communications Group, Inc (OTCBB:EPCG), RightSmile, Inc. (OTCBB:RIGH)
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