Exhibit 99.1 U.S. Energy Corp. Reports Financial and Operating Results for Second Quarter 2024 HOUSTON, August 7, 2024 — U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company"), a growthfocused energy company engaged in operating a portfolio of high-quality producing assets, today reported financial and operating results for the three months ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS ● Closed transaction on June 26, 2024, consisting of 140,000 net acres of helium and industrial gas t ...

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company"), a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, today reported financial and operating results for the three months ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Closed transaction on June 26, 2024, consisting of 140,000 net acres of helium and industrial gas targeted development in Montana; Signed letter of intent for the acquisition of ...

Table of Contents Title of each class Trading symbol(s) Name of each exchange on which registered Common stock, par value $0.01 USEG NASDAQ Stock Market LLC (Nasdaq Capital Market) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the t ...

U.S. Energy Corp. (NASDAQ:USEG) Investor Conference Call July 17, 2024 10:00 AM ET Company Participants Mason McGuire - Director of Corporate Development Ryan Smith - Chief Executive Officer Conference Call Participants John White - Roth Capital Partners Charles Meade - Johnson Rice Operator Welcome to the U.S. Energy Corporation Investor Call [Operator Instructions]. As a reminder, this conference is being recorded. I would now like to turn the call over to Mason McGuire, Director of Corporate Development. ...

HOUSTON, July 09, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company") today announced that the Company has executed definitive documents (the "Transaction") for the sale of assets located in South Texas (the "South Texas Assets"). The Transaction is subject to customary conditions to closing and the Transaction may not close on a timely basis, or at all. All cash proceeds of approximately $6.5 million. Proceeds are expected to be used to fund development of U.S. E ...

HIGHLIGHTS "We are pleased to announce U.S. Energy's recent Transaction, which will represent the complete divestment of the Company's assets in South Texas," stated Ryan Smith, Chief Executive Officer of U.S. Energy Corp., who continued, "With proceeds expected to go directly towards the development of the Company's Recent Acquisition, combined with a portion of conservative debt reduction, we anticipate that following the closing of the Transaction, U.S. Energy will sit in a position of increased liquidit ...

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company") today announced that the Company has closed a transaction (the "Agreement") with Wavetech Helium Inc ("Wavetech" or "WT") for the acquisition of operated acreage targeting helium production across the Kevin Dome structure in Toole County, Montana (the "WT Asset"). Additionally, the Company has executed a non-binding letter of intent (the "LOI") with Synergy Offshore, LLC ("Synergy" or "SOG") to ...

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company") today announced that the Company has closed a transaction (the "Agreement") with Wavetech Helium Inc ("Wavetech" or "WT") for the acquisition of operated acreage targeting helium production across the Kevin Dome structure in Toole County, Montana (the "WT Asset"). Additionally, the Company has executed a non-binding letter of intent (the "LOI") with Synergy Offshore, LLC ("Synergy" or "SOG") to ...

U.S. Energy Corp. (NASDAQ:USEG) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Mason McGuire - Director, Corporate Development Ryan Smith - Chief Executive Officer Mark Zajac - Chief Financial Officer Conference Call Participants Charles Meade - Johnson Rice Tim Moore - EF Hutton Operator Greetings. And welcome to the U.S. Energy Corporation First Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session ...

Exhibit 99.1 U.S. Energy Corp. Reports Financial and Operating Results for First Quarter 2024 HOUSTON, May 9, 2024 — U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the "Company"), a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today reported financial and operating results for the three months ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS MANAGEMENT COMMENTS "I'm pleased with U.S. Energy's first quarter, with our operatio ...