USEG News & Events

US Energy trading resumes

U.S. Energy Corp. announced the pricing of its underwritten offering of 8.8M shares of its common stock at an offering price of $1.00 per share, for total gross proceeds, $8.8M. The offering is expected to close on March 10, subject to customary closing conditions. U.S. Energy plans to use the net proceeds of the offering to fund growth capital for its industrial gas development project, including processing plant and infrastructure, and to support upcoming operations. Roth Capital Partners is acting as sole book-running manager for the offering.

U.S. Energy released a new investor presentation highlighting its vertically integrated strategy, differentiated asset base, and operational milestones through 2027. The Company also announced its upcoming participation in the Emerging Growth Conference. "Our new investor presentation highlights what we believe is a differentiated opportunity in the public markets - a fully integrated helium and carbon management platform with three independent revenue streams, firm federal policy support, and a clear path to meaningful cash flow beginning in 2027," said Ryan Smith, President and Chief Executive Officer. "With $22 million already invested, wells drilled, and key milestones actively in progress - including the advancement of our CO2-EOR program at our Cut Bank oil field - 2026 represents a focused execution year as we continue advancing the platform towards its next stage of value creation."