---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-013368"
form_type: "8-K"
ticker: "USEG"
cik: "0000101594"
company_name: "US ENERGY CORP"
filed_at: "2026-04-27T23:59:59+00:00"
generated_at: "2026-05-15T03:40:46.698406+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-013368
- form_type: 8-K
- ticker: USEG
- cik: 0000101594
- company_name: US ENERGY CORP
- filed_at: 2026-04-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101594/000143774926013368/0001437749-26-013368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101594/000143774926013368/useg20260424_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-013368
- JSON: https://secwatch.observer/filing/0001437749-26-013368.json
- Plain text: https://secwatch.observer/filing/0001437749-26-013368.txt

## Source-grounded claims
- claim_id: 0bea28024f18d2b2becf05e16fd54b5e87fb6c2a
  claim: 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).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/101594/000143774926013368/0001437749-26-013368-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.