DENVER, July 06, 2016 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG), a Wyoming corporation (the “Company”), has entered into a non-binding Letter of Intent with IronHorse Resources LLC. pursuant to which the Company expects to acquire a 40% interest in IronHorse Resource’s Farmout Agreement to participate in developing three core areas in the DJ Basin, Wattenberg Field in Weld County, Colorado [...]
DENVER, March 11, 2016 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) today announced that its management will be presenting and will discuss the restructuring of the Company and give an update on the progress at the following industry conference: Event: The 28th Annual Roth Conference Location The Ritz-Carlton , Dana Point, California 1 Ritz Carlton Drive Dana Point, CA 92629 Telephone: 1-949-240-2000 Date [...]
U.S. Energy a Wyoming corporation, entered into an Acquisition Agreement with Mt. Emmons Mining Company (MEM), a subsidiary of Freeport-McMoRan , whereby MEM acquired the Company’s Mt. Emmons mine site located in Gunnison County, Colorado, including the Keystone Mine, a related water treatment plant and other related properties. Under the Acquisition Agreement, MEM will replace the Company as the owner and permittee [...]
RIVERTON, Wyo., Nov. 09, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) (“we”, “us” or the “Company”), today reported its third quarter 2015 highlights and selected financial results for the three and nine months ended September 30, 2015. Selected Highlights for the Three Months Ended September 30, 2015 Third quarter 2015 production came from a total of 149 gross (20.88 net [...]
RIVERTON, Wyoming, Nov. 04, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) (the "Company"), today reported that it expects to issue its third quarter 2015 highlights and financial results press release before the market opens on Monday, November 9, 2015. Subsequent to the release being published, the Company will conduct a conference call and webcast to review and discuss the third quarter 2015 results. Details [...]
Appoints Mr. David Veltri, President and Chief Operating Officer to the Additional Position of Chief Executive Officer and Announces Move of Corporate Headquarters to Denver, Colorado Accepts Resignation From Keith G. Larsen, Chief Executive Officer and Chairman of the Board Accepts Resignations From Steve Richmond, Chief Financial Officer and Bryon Mowry, Principal Accounting Officer and Corporate Secretary RIVERTON [...]
RIVERTON, Wyo., Aug. 12, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) today announced that its management team will be presenting at the following industry conference: Event: The Enercom Oil & Gas Conference 20 Denver, Colorado Location: The Westin Denver Downtown 1672 Lawrence Street Denver, Colorado 80202 Telephone: 1-303-572-9100 Date: Wednesday, Au...
RIVERTON, Wyo., Aug. 10, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) (“we”, “us” or the “Company”), today reported its second quarter 2015 highlights and selected financial results for the three and six months ended June 30, 2015 and provided an update concerning its revolving credit facility, hedging and operations. Selected Highlights for the Three Months Ended June 30 [...]
RIVERTON, Wyo., Aug. 06, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) (the "Company"), today reported that it expects to issue its second quarter 2015 highlights and financial results press release before the market opens on Monday, August 10, 2015. Subsequent to the release being published, the Company will conduct a conference call and webcast to review and discuss the second quarter 2015 results. Details [...]
RIVERTON, Wyo., July 14, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) (“we”, “us” or the “Company”), today reported that it has received a continued listing standard notification from the NASDAQ stock exchange. On July 10, 2015 the Company received notification from the NASDAQ Stock Exchange (“NASDAQ”) that the Company has failed to meet the listing requirement [...]
RIVERTON, Wyo., June 25, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG), (the “Company,” “we” or “us”) today announced that in light of the ongoing oil price environment the Company has taken measures to reduce general and administrative costs by approximately 20%. The cost reductions include a 15% reduction in workforce and a significant reduction in annual compensation for [...]
RIVERTON, Wyo., June 15, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG), today announced that its management team will be presenting at the following industry conference: Event: Global Hunter Securities GHS 100 Energy Conference Chicago, Illinois Location: The JW Marriott Chicago 151 W. Adams Street Chicago, Illinois 60603 Telephone: 1-312-660-8200 ...