HOUSTON, July 09, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company") today announced that the Company has executed definitive documents (the "Transaction") for the sale of assets located in South Texas (the "South Texas Assets"). The Transaction is subject to customary conditions to closing and the Transaction may not close on a timely basis, or at all. All cash proceeds of approximately $6.5 million. Proceeds are expected to be used to fund development of U.S. E ...

HIGHLIGHTS "We are pleased to announce U.S. Energy's recent Transaction, which will represent the complete divestment of the Company's assets in South Texas," stated Ryan Smith, Chief Executive Officer of U.S. Energy Corp., who continued, "With proceeds expected to go directly towards the development of the Company's Recent Acquisition, combined with a portion of conservative debt reduction, we anticipate that following the closing of the Transaction, U.S. Energy will sit in a position of increased liquidit ...

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company") today announced that the Company has closed a transaction (the "Agreement") with Wavetech Helium Inc ("Wavetech" or "WT") for the acquisition of operated acreage targeting helium production across the Kevin Dome structure in Toole County, Montana (the "WT Asset"). Additionally, the Company has executed a non-binding letter of intent (the "LOI") with Synergy Offshore, LLC ("Synergy" or "SOG") to ...

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company") today announced that the Company has closed a transaction (the "Agreement") with Wavetech Helium Inc ("Wavetech" or "WT") for the acquisition of operated acreage targeting helium production across the Kevin Dome structure in Toole County, Montana (the "WT Asset"). Additionally, the Company has executed a non-binding letter of intent (the "LOI") with Synergy Offshore, LLC ("Synergy" or "SOG") to ...

U.S. Energy Corp. (NASDAQ:USEG) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Mason McGuire - Director, Corporate Development Ryan Smith - Chief Executive Officer Mark Zajac - Chief Financial Officer Conference Call Participants Charles Meade - Johnson Rice Tim Moore - EF Hutton Operator Greetings. And welcome to the U.S. Energy Corporation First Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session ...

Exhibit 99.1 U.S. Energy Corp. Reports Financial and Operating Results for First Quarter 2024 HOUSTON, May 9, 2024 — U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company"), 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 MANAGEMENT COMMENTS "I'm pleased with U.S. Energy's first quarter, with our operatio ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from _____________ to _____________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-06814 (Exact Name of Registrant as Specified in its Charter) | Delaware | ...

U.S. Energy Corp. (NASDAQ:USEG) Q4 2023 Earnings Conference Call March 27, 2024 9:00 AM ET Company Participants Mason McGuire - Director of Corporate Development Ryan Smith - Chief Executive Officer Mark Zajac - Chief Financial Officer Conference Call Participants Charles Meade - Johnson Rice Tim Moore - EF Hutton Operator Greetings. Welcome to the U.S. Energy Corporation Fourth Quarter and Full Year 2023 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answe ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to _______________ Commission File Number 000-06814 U.S. ENERGY CORP. (Exact Name of Company as Specified in its Charter) (State or ...

FOURTH QUARTER 2023 HIGHLIGHTS MANAGEMENT COMMENTS "I am pleased with our team's performance during 2023, efforts which continue advancing the Company's daily goal of unlocking shareholder value," said Ryan Smith, U.S. Energy's Chief Executive Officer. "U.S. Energy's track record of successfully integrating the Company's previous acquisitions has resulted in a more efficient and lower declining asset base today, as shown in the operating results and cost structure of the Company. As a result, U.S. Energy's ...