Big Sky Industrial posts Q2 net loss $2.3M, helium offtake at $285/Mcf, first revenue targeted Q1 2027

US ENERGY CORP

Q2 net loss $2.3M ($0.04/sh) vs $6.1M loss year ago; revenue $2.1M (84% oil), production 33,747 BOE (68% oil).
Executed five-year, 100% take-or-pay helium offtake at $285/Mcf plant-gate price with investment-grade global industrial gas counterparty.
Amended credit facility: borrowing base doubled to $20M, 200 bps margin, covenant testing suspended through Q1 2027; matures May 2029.
Phase 1 construction advancing; $9.6M H1 capex; target first revenue Q1 2027; MRV in EPA review for 45Q credits (~$130M over 12 years).
Rebrand to Big Sky Industrial (BSIN) completed June 8; liquidity $21.5M at June 30, $16.4M at Aug 4.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.