U.S. Oil and Gas PLC reported audited consolidated earnings results for the year ended July 31, 2017. For the period, the company reported operating loss of $750,849 against $800,748 a year ago. Loss for the year before taxation was $750,898 against $808,279 a year ago. Loss for the year from continuing operations was $750,898 against $808,279 a year ago. Loss attributable to equity holders of the company was $750,898 against $808,279 a year ago. Basic and diluted loss per share was 1.52 cents against 1.86 cents a year ago.