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News Breaks | | | | September 24, 2012 | | 08:34 EDT |  | USEG | U.S. Energy acquires Bakken/Three Forks asset package
U.S. Energy announced the acquisition of a producing Bakken and Three Forks asset package. On Sept. 21 the company entered into a purchase and sale agreement with an undisclosed seller to acquire interests in producing Bakken and Three Forks formation wells and related acreage in McKenzie, Williams and Mountrail Counties, North Dakota. Under the agreement, USE acquired working interests in 23 drilling units for $2.5M with an estimated 307,000 BOE in proved reserves. The effective date of the transaction is July 1, 2012. | |
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News For USEG From The Last 14 Days Check below for free stories on USEG the last two weeks. |
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| May 10, 2013 | | 15:44 EDT |  | USEG | U.S. Energy reports Q1 EPS (21c), consensus 4c
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