United States Oil & Gas Corporation Confirms CEO Employment Agreement - CNNMoney.com (press release)

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United States Oil & Gas Corporation (PINKSHEETS: USOG), a growing oil and gas products, services and technology company, ispleased to announce today that the Company has signed an employmentagreement with CEO Alex Tawse for him to remain in his position for threeyears effective February 1, 2010. This coincides with the employmentagreement which was recently completed with the operating management teamat wholly owned subsidiary United Oil. Mr. Tawse has also been appointed tothe Board of Directors.

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Brief biographical information regarding Mr. Tawse is provided below, andadditional information can be found on the "Investor Relations" section ofthe Company's website, www.usaoilandgas.com . Prior to taking the reins of USOG in 2008, Alex Tawse spent ten years asCFO and Vice President of Operations for the Kaizen Institute; aninternational consulting company whose mission is to lead theimplementation of lean strategy and continuous improvement culture. Clientsincluded Nike, Dannon, Kraft, BioMerieux, JB Poindexter, Hella Lighting andBacardi. Mr. Tawse has saved customers millions of dollars and increasedtheir competitive advantage through improved system performance andreliability, greater process flexibility, and increased production capacitywithout investment in new equipment.

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This page contains a single entry by Viraj published on January 26, 2010 5:06 PM.

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