U.S. Energy Corp.

U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, today announced that it will issue second quarter 2024 results after the market closes on Wednesday, August 7, 2024. A conference call will be held Thursday, August 8, 2024, at 11:30 a.m. ET/10:30 a.m. CT to review the Company's financial results, discuss recent events and conduct a question-and-answer [...]

U.S. Energy Corp. today announced that the Company has executed definitive documents for the sale of assets located in South Texas . The Transaction is subject to customary conditions to closing and the Transaction may not close on a timely basis, or at all. HIGHLIGHTS All cash proceeds of approximately $6.5 million. Proceeds are expected to be used to fund development of U.S. Energy's recently announced acquisition [...]

U.S. Energy Corp. today announced that the Company has closed a transaction with Wavetech Helium Inc for the acquisition of operated acreage targeting helium production across the Kevin Dome structure in Toole County, Montana . Additionally, the Company has executed a non-binding letter of intent with Synergy Offshore, LLC to acquire offsetting operated acreage , forming a largely contiguous acreage position across the [...]

U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects throughout North America, is strategically expanding its operations in the prolific Permian Basin. Building on a series of recent successes, the company is poised for significant growth and development in one of the most productive oil and gas regions in the United States. In its 2023 year-end report [...]

U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today reported financial and operating results for the three months ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS Net daily production of 1,207 barrels of oil equivalent per day ; Oil production of 68,599 barrels, or 62% of total production; Lease Operating Expense of $3.2 [...]

U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today announced that it will issue first quarter 2024 results after the market closes on Thursday, May 9, 2024. A conference call will be held Friday, May 10, 2024, at 9:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer [...]

U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects throughout North America, has announced that Robert Thaxton has been promoted from senior strategist to the organization's Vice President of Oil and Gas Business Operations. In this elevated role, Thaxton will oversee interdepartmental initiatives to improve productivity and streamline operations. "We [...]

U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, announced today that it will be participating in the EF Hutton Global Conference on May 15, 2024, at the Plaza Hotel in New York City. Ryan Smith, Chief Executive Officer of the Company, will host one-on-one meetings with investors at the conference. U.S. Energy is available for [...]

U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today reported financial and operating results for the three and twelve months ended December 31, 2023. FULL YEAR 2023 HIGHLIGHTS Total daily production in 2023 averaged 1,711 Boe/d; oil production averaged 1,073 Bbl/d. Revenue totaled $32.3 million with oil sales of $28.4 million and [...]

U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today announced that it will issue fourth quarter and year end 2023 results after the market closes on Tuesday, March 26, 2024. A conference call will be held Wednesday, March 27, 2024, at 9:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a [...]