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U.S. Energy Corp. Announces Bolt-On Acquisition Of Assets

PRIVATEMay 03, 2022

Acquiring Company

U.S. Energy Corporation

Acquired Company

Assets

HoustonEnergySustainabilityNatural ResourcesLending And Investments

Description

U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that the Company has acquired operated oil and gas producing properties in an all-cash transaction (the “Transaction”). The Properties (the “Properties”) are located primarily in Liberty County, TX adjacent to the Company’s existing assets in the area.

Quick answer

U.S. Energy Corporation is acquiring Assets, announced May 3, 2022. U.S. Energy Corporation is based in Houston, Texas, United States.

How much did U.S. Energy Corporation pay for Assets?
The deal value was not disclosed.
What does U.S. Energy Corporation do?
U.S. Energy Corporation is a public company listed on NASDAQ (NASDAQ: USEG) and is engaged in the oil and gas industry with a focus on divesting assets and advancing industrial gas projects.
Where are U.S. Energy Corporation and Assets based?
U.S. Energy Corporation is based in Houston, Texas, United States.

Source: Fundz verified event record.

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Company Information

Company

U.S. Energy Corporation

Location

Houston, Texas, United States

About

U.S. Energy Corporation is a public company listed on NASDAQ (NASDAQ: USEG) and is engaged in the oil and gas industry with a focus on divesting assets and advancing industrial gas projects.

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Frequently asked

Who acquired Assets?

Assets was acquired by U.S. Energy Corporation, based in Houston. The deal was reported on May 3, 2022. U.S. Energy Corporation is a public company listed on NASDAQ (NASDAQ: USEG) and is engaged in the oil and gas industry with a focus on divesting assets and advancing industrial gas projects. U.S. Energy Corporation is privately held and operates in Energy.

When did U.S. Energy Corporation acquire Assets?

U.S. Energy Corporation's acquisition of Assets was reported on May 3, 2022. U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that the Company has acquired operated oil and gas producing properties in an all-cash transaction (the “Transaction”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Assets do?

Assets is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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