US ENERGY CORP
For the period ended May 12, 2025. Filed May 12, 2025.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 12, 2025 · Filed May 12, 2025
Use the contents to explore the available documents and sections.
BSIN$1.33+0.8%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Upstream Development
Upstream Development
| ● | In January 2025, U.S. Energy acquired 24,000 net acres across the Kevin Dome, including the previously drilled Kiefer Farms well targeting the CO₂-rich Duperow formation. |
|---|---|
| ● | The Kiefer Farms well has demonstrated helium concentrations of ~0.6%. Following the acquisition, the Company completed workover operations and conducted a successful flow test with rates exceeding 3.2 MMcf/d. Evaluation and optimization of the results are ongoing, and the well is expected to become a near-term economic contributor to U.S. Energy’s processing facility. |
| ● | The Company has commenced drilling the first of two new industrial gas wells targeting the Duperow formation. Each well is budgeted at $1.3 million, with both wells expected to be completed by early June 2025. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.