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 [...]
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 [...]
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