Article: U. S. Oil and Gas Resources Increases its Investment in Puckett Field, Mississippi.

VANCOUVER, British Columbia -- U.S. Oil and Gas Resources Inc. (TSX VENTURE:USR) is pleased to announce that it has increased its investment in the Puckett Oil and Gas Field in Puckett, Mississippi. On November 18, 2004 USR announced its participation in a six well re-completion program in the Puckett Field. Today USR announces the acquisition of a 16% interest in the entire Puckett Oil and Gas Field in Puckett, Mississippi from August Energy Corp. (PINK SHEETS:AENC).

As previously announced under the terms of the November 18, 2004 agreement U.S. Oil & Gas Resources farms in the rights to six wells situated in Puckett Oil & Gas Field in Sec 18, Smith County, ...

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