U.S. Energy Corp. , a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that in light of current economic conditions it intends to suspend finalizing its application for a listing on the Toronto Stock Exchange.
“In light of the turbulent market conditions in the last quarter, [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that it has entered into a Lease Purchase and Drilling Agreement with a private, Texas-based oil and gas company to acquire a 25% non-operating working interest in an oil prospect located in east [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas and real estate today announced that PetroQuest Energy L.L.C. has spudded the Highlands Prospect in Louisiana.
U.S. Energy Corp. is participating in this well as a 20% working interest partner with PetroQuest. This initial well will be drilled to [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that its board of directors has approved an expanded stock buyback program. The original buyback program had a maximum limit of $5 million while the new buyback program has been expanded by $3 [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that its partner, PetroQuest Energy L.L.C., has reached contract depth on the Bluffs Prospect in Louisiana, encountering approximately 85 feet (true vertical depth) of net pay in the Cris I - Hollywood 1 [...]
U.S. Energy Corp. (Nasdaq:USE) (“USE” or the “Company”) today announced that it has completed the sale of an aggregate of 39,062,720 common shares of Sutter Gold Mining Inc. representing approximately 49.9% of the outstanding common shares of SGMI to RMB Resources Ltd. (“RMB”), as trustee for the Telluride Investment Trust, for an aggregate purchase price [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, uranium, oil and gas, gold, and real estate, today announced that PetroQuest Energy L.L.C. (”PetroQuest”) (PQ) has spudded the Bluffs Prospect in Louisiana.
U.S. Energy Corp. is participating in this well as a 20% working interest partner with PetroQuest. This initial well [...]
U.S. Energy Corp., a diversified natural resource company with interests in molybdenum, oil and gas, gold, and real estate, today provided a review of 2007 results and an update on current operations for its primary business segments.
Review of 2007 Accomplishments
The year ended December 31, 2007 was the most profitable in U.S. Energy Corp.’s history, due [...]
Wyoming-based U.S. Energy Corp. and Crested Corp., doing business as USECC, said Monday that sxr Uranium One Inc. has exercised its right to extend by three months its option to buy uranium assets from the companies.
Uranium One, based in Toronto and with offices in South Africa and Australia, has [...]
U.S. Energy Corp. and Crested Corp. , natural resource exploration and development companies, today announced that Mr. Clyde Gillespie has been hired to be the Project Manager for the Lucky Jack Molybdenum Project in Colorado for the Companies’ U.S. Moly Corp. subsidiary.
Mr. Gillespie comes to the company from Kinross Gold Corporation (Kettle River Operations) [...]
