U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, today announced its 2022 proved reserves and provided an update on its fourth quarter 2022 production, year-end balance sheet, and liquidity. HIGHLIGHTS Increased year-end 2022 proved developed producing reserves by 24% to 7.8 million barrels of oil equivalent , of which 65% is crude oil, from 6.3 MMBoe [...]
U.S. Energy Corp. today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.0225 per share. The dividend is payable on February 23, 2023 to stockholders of record as of the close of business on February 10, 2023. About U.S. Energy Corp. We are a growth focused energy company engaged in operating a portfolio of mature, low decline assets that is expected to [...]
Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 18-19, 2023. The links can also be found at www.sidoticonference.com/events. *All Times EST Wednesday, January 18th, 2023 8:30-9:00 Shenzhen Semidux Chip Technology Co AMSC ASA ***** ***** 9:15-9:45 Amesite Inc. Carbon Streaming Corporation Information Services [...]
Continues to grow its presence in the oldest and most widely recognized U.S. oil and gas region U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects throughout North America, completed its Rio Hondo 3-Well pad this quarter. U.S Energy worked alongside Midland-based Atlantic Energy Partners, LLC to identify and complete the project. Located in western [...]
Presentation Times and Weblinks Released for Over 65 Presenting Companies Wednesday and Thursday, December 7-8, 2022 Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December 7-8, 2022. The links can also be found at www.sidoticonference.com/events . *All Times EST Wednesday, December 7th, 2022 8:30-9:00 u-blox [...]
U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects throughout North America announces the addition of Aaron Thesman to the company's Legal Department. Thesman has more than 20 years of in-house corporate and law firm experience. His experience includes providing strategic guidance on various commercial, ESG, litigation and critical business matters [...]
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 nine months ended September 30, 2022. THIRD QUARTER 2022 RESULTS Net cash from operations of $4.7 million. Net income of $4.1 million, or $0.16 per diluted share. Adjusted EBITDA, excluding derivatives impact, of $3.1 [...]
U.S. Energy Development Corporation , an exploration and production firm today announced Alisha Waring joins as the Vice President of Human Resources . Reporting directly to the CEO, Waring will be responsible for recruiting and retaining top talent, organizational policy, workforce planning, development and implementation of culture initiatives, performance, and benefits. Waring brings more than a decade of HR experience [...]
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 third quarter 2022 results after the market closes on Thursday, November 10, 2022. A conference call will be held Friday, November 11, 2022, at 8:30 a.m. ET to review the Company's financial results, discuss recent events and conduct a [...]
U.S. Energy Corp. today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.0225 per share. The dividend is payable on November 22, 2022 to stockholders of record as of the close of business on November 8, 2022. About U.S. Energy Corp. We are a growth focused energy company engaged in operating a portfolio of mature, low decline assets that is expected to [...]
Companies will partner in multiple asset production in the Barnett Shale region U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects throughout North America, has announced a joint acquisition with EagleRidge Energy LLC. Under the new joint venture agreement, the companies plan to drill up to 12 horizontal wells over the next year in the Barnett Shale [...]
U.S. Energy Development Corporation , an exploration and production firm announces the appointment of Jake Plunk as an independent, non-executive director to its Board of Directors effective today. The new addition of Mr. Plunk brings the total number of directors to six, four of whom are independent. Mr. Plunk has over 26 years of experience in the oil and gas industry. He has been involved in more than $7 billion in [...]
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