U.S. Energy acquires 24,000 net acres in Kevin Dome for helium and CO2 production

US ENERGY CORP

Deal includes $2M cash, 1.4M restricted shares, and $20M carried working interest for Synergy's retained 20%.
Acreage is contiguous to USEG's existing 140,000 acres in the Kevin Dome region of Montana.
Synergy is controlled by USEG director Duane H. King and chairman John A. Weinzierl (related party).
Company plans two-well drilling program in 2025 targeting Duperow formation with economic helium concentrations.
Acquisition launches carbon sequestration business; USEG to receive 18% of tax credits from sequestration on the area.

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