---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-026325"
form_type: "8-K"
ticker: "USEG"
cik: "0000101594"
company_name: "US ENERGY CORP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T16:31:30.116560+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# U.S. Energy Corp COO Donald Kessel retires effective July 28, 2023; duties reassigned

## Summary
- COO Donald Kessel retired effective July 28, 2023; resignation not due to any disagreement with company.
- Separation agreement provides $50,000 cash payment and acceleration of 164,000 restricted stock award shares.
- COO duties assumed by existing operations personnel; company may pursue a new COO in the future.
- Separation agreement includes confidentiality, non-solicitation, and non-disparagement covenants.

## SEC filing metadata
- accession: 0001493152-23-026325
- form_type: 8-K
- ticker: USEG
- cik: 0000101594
- company_name: US ENERGY CORP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101594/000149315223026325/0001493152-23-026325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101594/000149315223026325/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-026325
- JSON: https://secwatch.observer/filing/0001493152-23-026325.json
- Plain text: https://secwatch.observer/filing/0001493152-23-026325.txt

## Key facts
- Executive change
  Donald A. Kessel retired as Chief Operating Officer at US ENERGY CORP.
  - Action: retired
  - Role: Chief Operating Officer
  source text: On July 28, 2023, Mr. Donald A. Kessel informed the Company of his retirement as Chief Operating Officer of U.S. Energy Corp. (the “ Company ”, “ we ” and “ us ”) effective the same date
  evidence_url: https://www.sec.gov/Archives/edgar/data/101594/000149315223026325/0001493152-23-026325-index.htm

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