US ENERGY CORP 8K

U.S. Energy Corp. entered into a five-year, 100% take-or-pay helium offtake agreement with an investment-grade industrial gas company to support Phase 1 operations at its Big Sky Carbon Hub.

U.S. Energy Corp. announced that it has executed a five-year helium sales offtake agreement with an unnamed investment-grade global industrial gas company for 100% of the helium to be produced in Phase 1 at its Big Sky Carbon Hub in Montana, providing fully contracted volumes of up to 1.2 MMCF per month at a fixed plant-gate price of $285/MCF with annual CPI-based escalation starting March 1, 2028, a year-three price redetermination and right of first refusal feature, and establishing long-term contracted cash flows that, together with an expanded senior secured credit facility closed on April 20, 2026, fully support Phase 1 capital and de-risk commercial operations targeted to begin in the first quarter of 2027.

Filing Facts

CIK

101594

Ticker

-

Form

8K

Source Type

sec

Accession

0001437749-26-013368

Alert Tier

7