UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~November~~February 1823, ~~2011~~2012

UNITED STATES OIL AND GAS CORP

(Exact Name of Registrant as Specified in Charter)

Delaware		000-53971		26-0231090
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

11782 Jollyville Road, Suite 211B

Austin, Texas 78759

(Address of Principal Executive Offices)

(512) 464-1225

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14.a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 21.0201. ~~Results~~Entry ofinto ~~Operations~~Material ~~and~~Definitive ~~Financial Condition.~~Agreement

On ~~November~~February 1823, ~~2011~~ 2012, United States Oil and Gas Corp (the ~~Registrant~~“Company”) ~~filed a~~amended ~~press~~its ~~release,~~Promissory aNote ~~copy~~(the “Note”) with an outstanding principal amount of ~~which~~$650,000 isdated ~~attached~~April ~~hereto~~9, as2009, ~~Exhibit~~issued 99to J.1B. Trentelman. The Company agreed to pay Mr. Trentelman all principal and isoutstanding ~~incorporated~~interest ~~herein~~due byunder ~~reference~~the Note at June 30, 2012, rather than on December 31, 2011. Interest on the Note will remain 8% until it matures.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.		Description
99.1		Press release dated November 18, 2011

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 18, 2011		UNITED STATES OIL AND GAS CORP
Date: February 23, 2012		UNITED STATES OIL AND GAS CORP
	~~By:~~	~~/S/ Alex Tawse~~By:	/S/ Alex Tawse
	~~Name:~~	~~Alex Tawse~~Name:	Alex Tawse
	~~Its:~~	~~Chief Executive Officer~~Its:	Chief Executive Officer

Filing Compare · United States Oil & Gas Corp