U.S. Energy signs 5-yr helium offtake with investment-grade buyer at $285/MCF, Q1 2027 target

US ENERGY CORP

Five-year take-or-pay contract for 100% of helium from Big Sky Carbon Hub, up to 1.2 MMCF/month.
Fixed base price $285/MCF plant-gate (all-in); counterparty pays all downstream costs.
Annual CPI-linked escalation starting March 2028; year-three price redetermination with ROFR at 5% premium.
Commencement targeted Q1 2027; expanded senior secured credit facility closed April 20, 2026.
Separate CO2/45Q revenue stream; EPA MRV plan approvals anticipated summer 2026.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

US ENERGY CORP entered into Helium Sales Agreement with an investment-grade industrial gas company with global distribution infrastructure valued at fixed base price of $285.00 per thousand standard cubic feet (effective 2026-04-24).

Action: entry
Agreement: supply
Counterparty: an investment-grade industrial gas company with global distribution infrastructure
Value: fixed base price of $285.00 per thousand standard cubic feet
Effective: 2026-04-24

Exact text from the filing

On April 24, 2026, U.S. Energy Corp. (“U.S. Energy,” “we,” “us” or the “Company”) entered into a Helium Sales Agreement (the “Helium Sales Agreement”) with an investment-grade industrial gas company with global distribution infrastructure (the “Counterparty”) for the sale of contained helium to be produced at the Company’s helium purification plant being constructed near Oilmont, Montana

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38 material agreements filed in the last 30 days. Browse all material agreements →

US ENERGY CORP filing history →

Source: SEC EDGAR

accession 0001437749-26-013368

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