RIVERTON, Wyo., Aug. 11, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) (the "Company"), today reported its second quarter 2014 highlights and selected financial results for the quarter ended June 30, 2014 and provided an operations update. Selected Highlights, Capital Budget, Acquisitions and Divestitures for the Three and Six Months Ended June 30, 2014 Three Months Ended June 30, 2014 Produced 116,499 [...]
RIVERTON, Wyo., Aug. 6, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG), today reported that it has scheduled a conference call and webcast to review and discuss its second quarter 2014 highlights, financial results and to provide an operational update. Conference Call Second Quarter 2014 Conference Call Information: When: Tuesday, August 12, 2014 at 11:00 AM MDT (1:00 PM Eastern, 12:00 PM Central, 10:00 AM [...]
RIVERTON, Wyo., June 18, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) (the "Company"), today reported the sale of certain of its Williston Basin assets for $12.2 million to an undisclosed buyer. On May 27, 2014, the Company entered into a Purchase and Sale Agreement to sell certain Williston Basin assets that were originally acquired by the Company in 2012. Under the terms of the sale agreement, the Company [...]
RIVERTON, Wyo., May 9, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) (the "Company"), today reported its first quarter 2014 highlights and selected financial results for the quarter ended March 31, 2014 and provided an operations update. Selected Highlights, Capital Budget, and Subsequent Events for the Three Months Ended March 31, 2014 Produced 105,093 barrels of oil equivalent ("BOE"), or 1,168 BOE per day [...]
RIVERTON, Wyo., May 8, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) (the "Company"), announced today that it has entered into a Participation Agreement covering lands in Dimmit County, Texas with a private South Texas based oil and gas company (the "Seller"). Under the agreement, the Company acquired 33% of the Seller's interest in approximately 12,100 gross (3,384 net) acres. The acreage consists of 3,870 [...]
RIVERTON, Wyo., May 7, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG), today reported that it has scheduled a conference call and webcast to review and discuss its first quarter 2014 highlights, financial results and to provide an operational update. Conference Call First Quarter 2014 Conference Call Information: When: Tuesday, May 13, 2014 at 9:00 AM MDT (11:00 AM Eastern, 10:00 AM Central, 8:00 AM [...]
RIVERTON, Wyo., April 7, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) (the "Company" or "we"), today provided an operational update. Operations Update South Texas - Buda Limestone formation Booth-Tortuga Prospect (30% working interest / ~22.5% net revenue interest) The Company participates with Contango Oil & Gas Company in approximately 12,457 gross (3,740 net) acres in the Booth-Tortuga acreage block in [...]
RIVERTON, Wyo., March 31, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG), today announced that its management team is scheduled to present at the following industry conference: Event: IPAA Oil and Gas Investment Symposium – New York Location: Sheraton New York Hotel and Towers ...
RIVERTON, Wyo., March 12, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) ("we," "us," or the "Company"), today reported its 2013 highlights and selected financial results for the year ended December 31, 2013 and the period subsequent to year end, and provided an operational update. Selected Highlights for the three and twelve months ended December 31, 2013 Three months ended December 31, 2013 During the [...]
RIVERTON, Wyo., March 11, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG), today reported that it has scheduled a conference call and webcast to review and discuss its 2013 highlights, financial results and to provide an operational update. Conference Call Year End 2013 Conference Call Information: When: Friday, March 14, 2014 at 9:00 AM MDT (11:00 PM Eastern, 10:00 AM Central, 8:00 AM Pacific). Dial-In [...]
RIVERTON, Wyo., Feb. 11, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) ("USEG" or the "Company"), today reported its 2014 oil and gas capital expenditure budget and provided an operational update on its oil and gas initiatives. 2014 Oil and Gas Capital Expenditure Budget: The Company's Board of Directors has approved a $30.2 million oil and gas capital expenditure budget for 2014. Under the approved budget [...]