UK 23:10 Friday, 25 September 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As I have demonstrated on a number of occasions US Oil & Gas (USOP) lies to the sad band of financial masochists on its shareholder list on a serial basis and its CEO young Brian McDonnell is a liar. In that vein I bring you its latest release from Friday which is par for the course. i.e total bollocks.
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Comments
Duck and Dive
How can a plc cease all operations on the ground without so much as a MOU to prove to shareholders that doing nothing is in their best interest?
I fear that the only logical explanation for such extraordinary behaviour is that US Oil & Gas has less cash than it would like shareholders to believe (no-one knows how the accounts payable figure has grown since the year end).
Would the nomad (Alexander David Securities) care to reassure shareholders that it has seen and verified the approaches allegedly made by potential partners and investors? So much of what CEO, Brian McDonnell has told shareholders since the Eblana1 duster has turned out to be just blarney.
Gregarious
The main USOP forum I am not a member of but just surf in there and find myself wanting to cry with frustration at the regulars and their war cries of ‘C’mon, Bwy’. Months and months of silence and chasing this man up by phone and still nothing. I can’t work out whether it’s blind stupidity, blind devotion, both, or more likely, Pure, embarrassed face saving because they are so nuts deep and sold the kitchen sink back when, that they daren’t criticise in case it sets off a chain reaction of worry among the ‘faithful’. I am stunned though. What is/has this man actually been DOING all this time? And how comes his shareholders seem to give him a free pass to galivant around continuing doing…apparently…nothing. No funding, no drill, no ground movement, no comms.
Even if he pulls something out of the bag and can salvage this thing it has been a poor show. I have a very and I mean VERY small holding here which will be being sold very soon to salvage what I can this afternoon hopefully. I checked the main forum of the faithful again today and even some of the regulars are getting restless. People that would have killed younif you breathed a word against ‘Bwy’ at one time. And I don’t blame them. It’s scary. I hope for a good result but I’m out whether it makes pennies of millions and I suspect much nearer the former.