0001214659-11-000044 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • January 5th, 2011 • United States Oil & Gas Corp • Wholesale-petroleum & petroleum products (no bulk stations) • New York

This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of December 28, 2010, by and between UNITED STATES OIL & GAS CORP., a Delaware corporation, with headquarters located at 11782 Jollyville Road - Suite 211B, Austin, TX 78759 (the “Company”), and ASHER ENTERPRISES, INC., a Delaware corporation, with its address at 1 Linden Place, Suite 207, Great Neck, NY 11021 (the “Buyer”).

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