U.S. Energy Development Corporation , a Fort Worth-based exploration and production company, is proud to announce the promotion of Aaron Thesman to General Counsel. "Aaron has been an integral part of our leadership team and a trusted advisor as we continue to scale the business, and this promotion is a direct reflection of the results he's delivered and the trust he's earned across the organization," said Jordan Jayson [...]
U.S. Energy announced that it has reached a Final Investment Decision for the construction of its processing facility at the Big Sky Carbon Hub in Montana, and executed an Engineering, Procurement, and Construction agreement with CANUSA EPC under a fixed-scope EPC contract structure. FID marks the pivotal execution milestone unlocking commercial operations at the Company's Big Sky Carbon Hub in Montana - capital spending [...]
U.S. Energy Corp. today reported financial and operating results for the fourth quarter and year ended December 31, 2025, while highlighting the advancement of the Company's strategic transformation into a fully integrated industrial gas, energy, and carbon management platform. MANAGEMENT COMMENTS "2025 was a transformational year for U.S. Energy, one defined by purposeful execution and a forward-looking vision," said [...]
U.S. Energy Corp. today announced the pricing of its underwritten offering of 8,800,000 shares of its common stock, par value $0.01 per share , at an offering price of $1.00 per share, for total gross proceeds, $8.8 million. The offering is expected to close on March 10, 2026, subject to customary closing conditions. U.S. Energy plans to use the net proceeds of the offering to fund growth capital for its industrial gas [...]
U.S. Energy Corp. , an integrated energy company advancing a diversified industrial gas, energy, and carbon management platform, today released a new investor presentation highlighting its vertically integrated strategy, differentiated asset base, and operational milestones through 2027. The Company also announced its upcoming participation in the Emerging Growth Conference. "Our new investor presentation highlights what [...]
In 2025, USEDC deployed $1 billion, completed the largest transaction in firm history, opened a Houston office, and solidified its capital position. U.S. Energy Development Corporation , a privately held exploration and production company focused on developing energy projects on behalf of itself and its partners, today announced its plan to deploy up to $1 billion in 2026. The firm will build on its momentum from 2025 to [...]
U.S. Energy Corp. , a growth-oriented energy company advancing a diversified industrial gas, energy, and carbon management platform, today provided a comprehensive operational update highlighting significant milestones achieved to date, substantial progress across its Montana-based Kevin Dome project, and a series of high-impact catalysts anticipated throughout 2026. Over the past 18 months, U.S. Energy has executed a [...]
U.S. Energy Corp. , a growth-focused energy company engaged in the development and operation of high-quality producing energy and industrial gas assets, today reported financial and operating results for the three and nine months ended September 30, 2025. MANAGEMENT COMMENTS "U.S. Energy delivered another quarter of meaningful operational progress in Q3 2025 as we advanced our Montana industrial gas project," said Ryan [...]
Announces senior-level promotions in Capital Markets, Corporate Development, and Corporate Counsel Roles U.S. Energy Development Corporation , a Fort Worth-based exploration and production company celebrating 45 years of operations, has appointed Matthew Iak as President of Capital Markets and announced a series of key executive promotions. Iak's appointment reflects his longstanding leadership in capital formation and [...]
House brings significant energy transaction experience in the areas of mergers, acquisitions, divestitures, public and private capital markets, as well as the design of various energy-related investment products. New location expands USEDC's presence to Houston, near many of the Company's industry partners, peers, and other relationships. U.S. Energy Development Corporation , a Fort Worth-based exploration and production [...]
U.S. Energy Corp. , a growth-focused energy company engaged in the development and operation of high-quality producing energy and industrial gas assets, today reported financial and operating results for the three months ended June 30, 2025. MANAGEMENT COMMENTS "U.S. Energy delivered significant progress in the second quarter of 2025 as we advance our transformation into an integrated industrial gas company," said Ryan [...]
U.S. Energy Corp. , a growth-focused energy company engaged in the development and operation of high-quality producing energy and industrial gas assets, today announced that it will issue second quarter 2025 results before the market opens on Tuesday, August 12, 2025. A conference call will be held Tuesday, August 12, 2025, at 9:00 a.m. ET/8:00 a.m. CT to review the Company's financial results, discuss recent events, and [...]
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