{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-029515","form_type":"8-K","ticker":"USEG","cik":"0000101594","company_name":"US ENERGY CORP","filed_at":"2025-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.134002+00:00","generated_at":"2026-05-17T06:04:16.911584+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"U.S. Energy Corp. amends credit facility: borrowing base cut to $10M, maturity extended to 2029","bullets":["Borrowing base reduced from $20M to $10M; maturity extended from Jan 2026 to May 31, 2029.","Limited waiver granted for technical defaults related to subsidiary good standing and Delaware reorganization.","New hedging covenant requires 25%-40% of projected production hedged based on borrowing base utilization.","Post-closing obligations: deliver mortgages covering 90% of PV-10 and swap agreements within 45 days.","Currently $0 drawn; quarterly debt/EBITDAX ≤3:1 covenant begins March 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-029515","json":"https://secwatch.observer/filing/0001437749-25-029515.json","markdown":"https://secwatch.observer/filing/0001437749-25-029515.md","text":"https://secwatch.observer/filing/0001437749-25-029515.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/101594/000143774925029515/0001437749-25-029515-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/101594/000143774925029515/useg20250917_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:04:16.911584+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}