Austin, Texas November 15, 2007
A SIMPLE FIBEROPTIC SEISMOMETER FOR RUGGED ENVIROMENTS
US Oil & Gas Co Announces that it has a patent pending on A SIMPLE FIBEROPTIC SEISMOMETER FOR RUGGED ENVIROMENTS that will dramatically reduce the cost of seismic sensor arrays having the fidelity and reliability necessary for permanent downhole and seafloor installations. The advancement promises to make big oil techniques for oilfield production management and exploration techniques available to the middle market players.
USOG plans to revolutionize “Green” oil and gas technologies with the smallest footprint.Most heavy oil recovery schemes depend on formation feedback information to make decisions about inputs and production rates to optimize the oil field. Correct management of costly secondary recovery methods could double the financial returns on these projects. Affordable sensors are the key to bringing modern production techniques to the oil patch.
Offshore, a seismic sensor array has to be reliable enough to be deployed once and not need maintenance. This invention transcends the intrinsic limitation of existing sensing seismic sensing technology by the elimination of physical connections to remote optical fibers in addition to a non-electric solution. The simplicity of this new device raises opportunities for seismic sensors that have lifetimes exceeding ten years in deepwater applications.
About United States Oil & Gas Corp. (USOG.PK)
United States Oil & Gas Corp. is focused on the domestic oil and gas services sector, acquiring oil and gas services companies with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. USOG also develops innovative technologies to increase oil and gas extraction with the smallest environmental footprint.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. USOG has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect USOG's current beliefs and are based upon information currently available to it. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause USOG's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. USOG undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
