{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-026862","form_type":"8-K","ticker":"USEG","cik":"0000101594","company_name":"US ENERGY CORP","filed_at":"2026-08-11T12:01:18+00:00","discovered_at":"2026-08-11T12:05:00.311824+00:00","generated_at":"2026-08-11T12:05:26.308668+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Big Sky Industrial posts Q2 net loss $2.3M, helium offtake at $285/Mcf, first revenue targeted Q1 2027","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-026862","json":"https://secwatch.observer/filing/0001437749-26-026862.json","markdown":"https://secwatch.observer/filing/0001437749-26-026862.md","text":"https://secwatch.observer/filing/0001437749-26-026862.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/101594/000143774926026862/0001437749-26-026862-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/101594/000143774926026862/bsin20260608_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-11T12:05:26.308668+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"}