U.S. Energy Corp. Announces Acreage Acquisition聽and CCUS Development Update
U.S. Energy Corp (NASDAQ: USEG) has completed a strategic acquisition for $0.2 million, enhancing its industrial gas and carbon capture platform in Montana. The deal includes approximately 2,300 net acres with CO2 rights adjacent to its Kevin Dome structure position and an active Class II injection well.
The acquired well, permitted by the EPA under the Safe Drinking Water Act's Underground Injection Control Program, will be used to sequester CO2 from the company's upcoming industrial gas processing facility. U.S. Energy plans to submit a Monitoring, Reporting, and Verification (MRV) plan to the EPA for the Class II well during Q2 2025.
This acquisition strengthens U.S. Energy's CCUS-ready infrastructure and advances its strategy to develop scalable, low-emission industrial gas operations while positioning itself as a U.S.-based supplier of clean helium and other critical gases.
U.S. Energy Corp (NASDAQ: USEG) ha completato un'acquisizione strategica da 0,2 milioni di dollari, potenziando la sua piattaforma di gas industriali e cattura del carbonio in Montana. L'accordo comprende circa 2.300 acri netti con diritti sul CO2 adiacenti alla sua posizione nella struttura Kevin Dome e un pozzo di iniezione attivo di Classe II.
Il pozzo acquisito, autorizzato dall'EPA secondo il Programma di Controllo delle Iniezioni Sotterranee del Safe Drinking Water Act, sar脿 utilizzato per sequestrare il CO2 dalla futura struttura di lavorazione del gas industriale dell'azienda. U.S. Energy prevede di presentare un piano di Monitoraggio, Reporting e Verifica (MRV) all'EPA per il pozzo di Classe II nel secondo trimestre del 2025.
Questa acquisizione rafforza l'infrastruttura pronta per CCUS di U.S. Energy e avanza la sua strategia di sviluppare operazioni di gas industriali scalabili a basse emissioni, posizionandosi come fornitore statunitense di elio pulito e altri gas critici.
U.S. Energy Corp (NASDAQ: USEG) ha completado una adquisici贸n estrat茅gica por 0,2 millones de d贸lares, mejorando su plataforma de gases industriales y captura de carbono en Montana. El acuerdo incluye aproximadamente 2,300 acres netos con derechos de CO2 adyacentes a su posici贸n en la estructura Kevin Dome y un pozo de inyecci贸n activo de Clase II.
El pozo adquirido, autorizado por la EPA bajo el Programa de Control de Inyecci贸n Subterr谩nea de la Ley de Agua Potable Segura, se utilizar谩 para secuestrar CO2 de la pr贸xima planta de procesamiento de gases industriales de la compa帽铆a. U.S. Energy planea presentar un plan de Monitoreo, Reporte y Verificaci贸n (MRV) a la EPA para el pozo de Clase II durante el segundo trimestre de 2025.
Esta adquisici贸n fortalece la infraestructura preparada para CCUS de U.S. Energy y avanza su estrategia para desarrollar operaciones de gases industriales escalables y bajas en emisiones, posicion谩ndose como un proveedor estadounidense de helio limpio y otros gases cr铆ticos.
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U.S. Energy Corp (NASDAQ: USEG) a finalis茅 une acquisition strat茅gique de 0,2 million de dollars, renfor莽ant ainsi sa plateforme de gaz industriels et de capture du carbone dans le Montana. L'accord comprend environ 2 300 acres nets avec des droits sur le CO2 adjacents 脿 sa position sur la structure Kevin Dome et un puits d'injection actif de classe II.
Le puits acquis, autoris茅 par l'EPA dans le cadre du programme de contr么le des injections souterraines du Safe Drinking Water Act, sera utilis茅 pour stocker le CO2 provenant de la future installation de traitement de gaz industriel de la soci茅t茅. U.S. Energy pr茅voit de soumettre un plan de surveillance, de rapport et de v茅rification (MRV) 脿 l'EPA pour le puits de classe II au cours du deuxi猫me trimestre 2025.
Cette acquisition renforce l'infrastructure pr锚te pour le CCUS de U.S. Energy et fait progresser sa strat茅gie de d茅veloppement d'op茅rations industrielles de gaz 茅volutives et 脿 faibles 茅missions, tout en se positionnant comme un fournisseur am茅ricain d'h茅lium propre et d'autres gaz critiques.
U.S. Energy Corp (NASDAQ: USEG) hat eine strategische Akquisition im Wert von 0,2 Millionen US-Dollar abgeschlossen und damit seine Plattform f眉r Industriegase und CO2-Abscheidung in Montana erweitert. Der Deal umfasst etwa 2.300 Netto-Acre mit CO2-Rechten angrenzend an seine Position in der Kevin Dome Struktur sowie einen aktiven Injektionsbrunnen der Klasse II.
Der erworbene Brunnen, der von der EPA im Rahmen des Safe Drinking Water Act Underground Injection Control Programms genehmigt wurde, wird verwendet, um CO2 aus der zuk眉nftigen Industrie-Gasverarbeitungsanlage des Unternehmens zu speichern. U.S. Energy plant, im zweiten Quartal 2025 einen Monitoring-, Reporting- und Verifizierungsplan (MRV) bei der EPA f眉r den Klasse-II-Brunnen einzureichen.
Diese Akquisition st盲rkt die CCUS-bereite Infrastruktur von U.S. Energy und f枚rdert die Strategie, skalierbare, emissionsarme Industriegasbetriebe zu entwickeln, w盲hrend sich das Unternehmen als US-amerikanischer Anbieter von sauberem Helium und anderen kritischen Gasen positioniert.
- Strategic acquisition completed for only $0.2 million
- Acquired EPA-permitted Class II injection well accelerates CCUS capabilities
- Added 2,300 net acres of CO2 rights adjacent to existing assets
- Strengthens position in helium-rich Kevin Dome structure
- Additional regulatory approvals needed for MRV plan
- Industrial gas processing facility not yet operational
- Integration costs and risks associated with newly acquired assets
Insights
U.S. Energy's $0.2 million acquisition represents strategic value disproportionate to its modest price tag. The addition of 2,300 net acres with CO鈧� rights strengthens their contiguous position in Montana's Kevin Dome, known for helium-rich gas systems. The transaction's most valuable component is the included active Class II injection well with existing EPA permits鈥攁 significant regulatory advantage that bypasses lengthy permitting processes.
This acquisition effectively accelerates U.S. Energy's CCUS implementation timeline by providing ready-to-use infrastructure essential for CO鈧� sequestration from their planned industrial gas processing facility. By securing permitted injection capabilities, the company can advance more rapidly toward their dual objectives of producing clean helium while managing carbon emissions.
At just 0.5
The company's planned submission of a Monitoring, Reporting, and Verification plan to the EPA in Q2 2025 indicates they're moving expeditiously toward operational implementation. This positions U.S. Energy to capitalize on increasing demand for domestically-sourced industrial gases with lower carbon intensity鈥攑articularly important for helium, which faces supply constraints and growing demand from technology manufacturing and healthcare sectors.
The acquisition's regulatory component carries significant value that transcends the $0.2 million purchase price. The included Class II injection well with active permits under the EPA's Underground Injection Control Program represents a substantial regulatory milestone already achieved鈥攅nabling U.S. Energy to bypass a permitting process that typically involves extensive technical reviews, public comments, and potential delays.
The company's planned Q2 2025 submission of a Monitoring, Reporting, and Verification plan indicates they're pursuing a comprehensive carbon management strategy that aligns with evolving regulatory frameworks for carbon sequestration. This positions U.S. Energy advantageously as regulatory requirements for carbon management continue to develop.
From a carbon management perspective, integrating capture capabilities into their industrial gas operations demonstrates implementation of the full CCUS value chain鈥攃apturing CO鈧� from gas processing operations rather than venting it, then permanently sequestering it underground. This vertical integration of carbon capture with industrial gas production represents an efficiency-driven approach to emissions reduction.
The transaction bolsters U.S. Energy's environmental credentials while simultaneously advancing their commercial objectives, exemplifying how companies can align business strategy with environmental goals. By securing permitted sequestration infrastructure, they've effectively reduced both regulatory risk and implementation timelines for their industrial gas platform while enhancing their environmental positioning in the marketplace.
HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, 鈥�U.S. Energy鈥� or the 鈥�Company鈥�) today announced the closing of a strategic acquisition (the 鈥淎cquisition鈥�) from a privately held company for
The Class II injection well is a critical component of U.S. Energy鈥檚 plan to securely store CO2 captured from its upcoming industrial gas processing facility. The well maintains active permits approved by the U.S. Environmental Protection Agency (鈥淓PA鈥�) and issued under the Safe Drinking Water Act鈥檚 Underground Injection Control Program (鈥淯IC鈥�), ensuring compliance with federal and state regulations for safe and permanent CO鈧� storage.
The Acquisition expands U.S. Energy鈥檚 CCUS-ready infrastructure and reflects the Company鈥檚 broader strategy to develop scalable, low-emission industrial gas operations while positioning itself as a U.S.-based supplier of clean helium and other critical gases.
MANAGEMENT COMMENTARY
鈥淭his Acquisition marks a meaningful milestone forward in our efforts to integrate carbon sequestration into our industrial gas platform,鈥� said Ryan Smith, Chief Executive Officer of U.S. Energy. 鈥淭he addition of permitted injection infrastructure and strategic acreage strengthens our position across the Kevin Dome and accelerates our ability to deliver clean, domestically sourced helium while sequestering CO鈧� at scale. We are committed to executing a responsible growth strategy that aligns with global demand for lower-carbon energy solutions.鈥�
PROJECT OVERVIEW
The Acquisition enhances U.S. Energy鈥檚 control of a highly contiguous acreage block within the Kevin Dome, a geologic structure known for its helium-rich and CO鈧�-dominated gas systems. The Company intends to submit a Monitoring, Reporting, and Verification (鈥淢RV鈥�) plan to the EPA for the Class II well during the second quarter of 2025. The CCUS-enabled infrastructure will support the Company鈥檚 planned industrial gas processing facility and broader environmental goals, positioning U.S. Energy as a leading U.S.-based industrial gas and carbon management platform.
ABOUT U.S. ENERGY CORP.
We are a growth company focused on consolidating high-quality assets in the United States with the potential to optimize production and generate free cash flow through low-risk development while maintaining an attractive shareholder returns program.听We are committed to being a leader in reducing our carbon footprint in the areas in which we operate. More information about U.S. Energy Corp. can be found at .听
INVESTOR RELATIONS CONTACT
Mason McGuire
[email protected]
(303) 993-3200
www.usnrg.com
FORWARD-LOOKING STATEMENTS
Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. Words such as 鈥渟trategy,鈥� 鈥渆xpects,鈥� 鈥渃ontinues,鈥� 鈥減lans,鈥� 鈥渁nticipates,鈥� 鈥渂elieves,鈥� 鈥渨ould,鈥� 鈥渨ill,鈥� 鈥渆stimates,鈥� 鈥渋ntends,鈥� 鈥減rojects,鈥� 鈥済oals,鈥� 鈥渢argets鈥� and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements.
Important factors that may cause actual results and outcomes to differ materially from those contained in such forward-looking statements include, without limitation, risks associated with the integration of the recently acquired assets; the Company鈥檚 ability to recognize the expected benefits of the acquisitions and the risk that the expected benefits and synergies of the acquisition may not be fully achieved in a timely manner, or at all; the amount of the costs, fees, expenses and charges related to the acquisitions; the Company鈥檚 ability to comply with the terms of its senior credit facilities; the ability of the Company to retain and hire key personnel; the business, economic and political conditions in the markets in which the Company operates; fluctuations in oil and natural gas prices, uncertainties inherent in estimating quantities of oil and natural gas reserves and projecting future rates of production and timing of development activities; competition; operating risks; acquisition risks; liquidity and capital requirements; the effects of governmental regulation; adverse changes in the market for the Company鈥檚 oil and natural gas production; dependence upon third-party vendors; economic uncertainty relating to increased inflation and global conflicts; the lack of capital available on acceptable terms to finance the Company鈥檚 continued growth; the review and evaluation of potential strategic transactions and their impact on stockholder value; the process by which the Company engages in evaluation of strategic transactions; the outcome of potential future strategic transactions and the terms thereof; and other risk factors included from time to time in documents U.S. Energy files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in the Company鈥檚 publicly filed reports, including, but not limited to, the Company鈥檚 Annual Report on Form 10-K for the year ended December 31, 2024. These reports and filings are available at .
The Company cautions that the foregoing list of important factors is not complete. All subsequent written and oral forward-looking statements attributable to the Company or any person acting on behalf of any Sale Agreement Parties are expressly qualified in their entirety by the cautionary statements referenced above. Other unknown or unpredictable factors also could have material adverse effects on U.S. Energy鈥檚 future results. The forward-looking statements included in this press release are made only as of the date hereof. U.S. Energy cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, U.S. Energy undertakes no obligation to update these statements after the date of this release, except as required by law, and takes no obligation to update or correct information prepared by third parties that are not paid for by U.S. Energy. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.听
FAQ
What assets did U.S. Energy Corp (USEG) acquire in its latest Montana acquisition?
When will USEG submit the MRV plan for the newly acquired Class II well?
How does the acquisition align with USEG's carbon capture strategy?
What is the strategic importance of the Kevin Dome location for USEG?
