U.S. Energy Corp. reaches FID to build Big Sky Carbon Hub; targets commercial ops Q1 2027

US ENERGY CORP

Facility designed for 8.0 MMcf/d inlet, targeting ~12 MMcf helium and ~125K metric tons CO₂ per year.
Secured fixed-scope EPC contract with CANUSA EPC; capital spending has commenced.
Expects ~$85/metric ton Section 45Q tax credits, supporting ~$130M Phase 1 tax credit value.
Gathering pipeline installation spring 2026; commissioning Q3 2026; first sales Q1 2027.
Three existing wells provide initial supply; advanced negotiations for long-term helium offtake.

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