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US OIL & Gas CEO remains confident

Brian McDonnell, CEO of US Oil & Gas (GXG:USOP) explains to Proactiveinvestors the reasons for the temporary suspension of the Eblana 1 well in Nevada and says that he remains confident that testing will resume by the end of the month.

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US Oil & Gas CEO: We’re moving as fast as we can

Brian McDonnell, chief executive of GXG-listed US Oil & Gas (GXG:USOP), says the company has looked at various funding options in Nevada. McDonnell says while he is optimistic about a deal, the company is reliant on potential farminees to make a move. He urges shareholders to be patient...

on 19/9/14

2 min read