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U.S. Energy Corp. Announces Major Helium Discovery From Initial Development Program

Benzinga ·  Oct 31 20:31

U.S. Energy Corporation (NASDAQ:USEG, "U.S. Energy" or the "Company"))) a growth-focused company engaged in the development and operation of high-quality producing energy and industrial gas assets, today announced a series of key operational updates.

HIGHLIGHTS

  • Successfully completed drilling operations on the Company's initial well.
  • Independent laboratory results confirm high-quality, non-hydrocarbon-based helium discovery with concentrations up to approximately 1.5%.
  • Results validate and enhance the economic potential of the Company's asset.
  • Sets the stage for the next steps in the asset's broader development program.
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