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U.S. Energy Corp. Provides Corporate Update Including Commencement Of Development Program And Complete Debt Repayment, Has Available Liquidity Of ~$22M

U.S. Energy Corp. Provides Corporate Update Including Commencement Of Development Program And Complete Debt Repayment, Has Available Liquidity Of ~$22M

美国 能源 公司 提供企业更新,包括开展开发计划和完全偿还债务,可用流动资金约为22百万美元
Benzinga ·  09/25 09:11

U.S. Energy Corporation (NASDAQ:USEG, "U.S. Energy" or the "Company"))))) a growth-focused company engaged in the operation and development of high-quality producing energy assets, today announced a series of transformational developments and balance sheet updates.

美国能源公司(纳斯达克股票代码:USEG,“美国能源” 或 “公司”))))是一家专注于增长的公司,从事高质量生产能源资产的运营和开发,今天宣布了一系列转型发展和资产负债表更新。

HIGHLIGHTS

亮点

  • Recently repaid the entire outstanding balance of credit facility, leaving the Company debt-free.
  • Commenced Kevin Dome development program in Northwest Montana.
  • 3rd party contingent and prospective resource report with mid-point Helium estimates of 23.7 BCF and 13.3 BCF, respectively (see table below).
  • 3rd party legacy hydrocarbon reserve report of 3.5 Mmboe (100% PDP and 62% oil) and a PV-10 of $50.9 million (see table below).
  • Active share repurchase program with 0.8 million shares, or approximately 3% of outstanding shares, repurchased to date.
    • Available liquidity of approximately $22.0 million.
  • 最近偿还了信贷额度的全部未清余额,使公司没有债务。
  • 在蒙大拿州西北部启动 Kevin Dome 开发项目。
  • 第三方应急资源和潜在资源报告,氦气的中点估计分别为237亿立方英尺和133亿立方英尺(见下表)。
  • 第三方遗留碳氢化合物储量报告为350万英镑(100%PD和62%石油),PV-10 为5,090万美元(见下表)。
  • 活跃的股票回购计划,迄今已回购了80万股股票,约占已发行股份的3%。
    • 可用流动性约为2,200万美元。
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