Feb 4 (Reuters) - US Oil Sands Inc USO.V :
* Provides project and financing update
* Says has not completed its previously-announced US$10 million royalty
financing
* Says will be pursuing other financing options including the possibility of
equity financing
* Says decided to reduce the pace of field construction in order to maintain
working capital flexibility
* Low price environment impacted project as two key contractors closed their
operations in Utah and have caused delays to the project
* Says company's key contractors have closed their operations in Utah and have
caused delays to the project
* Source text for Eikon ID:nMKWZ2GDSa
* Further company coverage USO.V