U.S. Energy Corp. , a growth-focused energy company engaged in the development and operation of high-quality producing energy and industrial gas assets, announced today that it will be presenting at the Emerging Growth Conference on December 4, 2024. U.S. Energy invites individual and institutional investors as well as advisors and analysts to attend its interactive presentation at the Emerging Growth Conference. This [...]
U.S. Energy Corp. , a growth-focused energy company engaged in the development and operation of high-quality producing energy and industrial gas assets, today reported financial and operating results for the three months ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Initiated drilling operations on U.S. Energy's first industrial gas well, with independent laboratory analysis confirming high-quality helium [...]
U.S. Energy Corp. , a growth-focused company engaged in the development and operation of high-quality producing energy and industrial gas assets, announced that it will issue third quarter 2024 results before the market opens on Tuesday, November 12, 2024. A conference call will be held Tuesday, November 12, 2024, at 9:00 a.m. ET/8:00 a.m. CT to review the Company's financial results, discuss recent events and conduct a [...]
U.S. Energy Corp. a growth-focused company engaged in the development and operation of high-quality producing energy and industrial gas assets, today announced a series of key operational updates. HIGHLIGHTS Successfully completed drilling operations on the Company's initial well. Independent laboratory results confirm high-quality, non-hydrocarbon-based helium discovery with concentrations up to approximately 1.5 [...]
U.S. Energy Corp. a growth-focused company engaged in the operation and development of high-quality producing energy assets, today announced that on October 10, 2024, the Company received a notification letter from The Nasdaq Stock Market LLC indicating that Nasdaq has determined that the Company has regained compliance with the minimum bid price rule and that the Company is in compliance with all applicable listing [...]
U.S. Energy Corp. a growth-focused company engaged in the operation and development of high-quality producing energy assets, today announced a series of transformational developments and balance sheet updates. HIGHLIGHTS Recently repaid the entire outstanding balance of credit facility, leaving the Company debt-free. Commenced Kevin Dome development program in Northwest Montana. 3rd party contingent and prospective [...]
U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, announced today that it will be presenting at the Emerging Growth Conference on September 25, 2024. U.S. Energy invites individual and institutional investors as well as advisors and analysts to attend its interactive presentation at the Emerging Growth Conference. This live, interactive online event will [...]
U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, today reported financial and operating results for the three months ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Closed transaction on June 26, 2024, consisting of 140,000 net acres of helium and industrial gas targeted development in Montana; Signed letter of intent for the acquisition of an [...]
U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects throughout North America, is proud to reinforce its core value of "investor first" with the promotion of Mark Lillis to Director of Investor Relations. Lillis has served as the Senior Marketing Manager for three years. His promotion not only underscores his individual achievements but also the [...]
U.S. Energy Corp. today announced that the Company has closed the sale of assets located in South Texas . The Transaction was previously announced on July 9, 2024. 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 targeting helium assets and repay outstanding debt. Divested assets averaged approximately 155 [...]
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 [...]
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