Item 7.01. Regulation FD Disclosure.
On August 16, 2022, U.S. Energy Corp. (the "Company") posted an updated August
2022 presentation on its website, disclosing certain information about the
Company. A copy of the presentation is attached hereto as Exhibit 99.1 and is
incorporated into this Item 7.01 by reference.
The information responsive to Item 7.01 of this Form 8-K and Exhibit 99.1,
attached hereto, shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise
subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended or the
Exchange Act, except as expressly set forth by specific reference in such a
filing.
This Current Report on Form 8-K, including the presentation attached as Exhibit
99.1 to this Current Report on Form 8-K, contains forward-looking statements
within the meaning of the federal securities laws, including the Private
Securities Litigation Reform Act of 1995, and, as such, may involve known and
unknown risks, uncertainties and assumptions. You can identify these
forward-looking statements by words such as "may," "should," "expect,"
"anticipate," "believe," "estimate," "intend," "plan" and other similar
expressions. These forward-looking statements relate to the Company's current
expectations and are subject to the limitations and qualifications set forth in
the presentation as well as in the Company's other filings with the Securities
and Exchange Commission, including, without limitation, that actual events
and/or results may differ materially from those projected in such
forward-looking statements. These statements also involve known and unknown
risks, which may cause the results of the Company, its divisions and concepts to
be materially different than those expressed or implied in such statements,
which include, without limitation, risks associated with increased inflation,
interest rates and possible recessions; the Company's ability to comply with the
terms of its senior credit facilities; the ability of the Company to retain and
hire key personnel; the business, economic and political conditions in the
markets in which the Company operates; fluctuations in oil and natural gas
prices, uncertainties inherent in estimating quantities of oil and natural gas
reserves and projecting future rates of production and timing of development
activities; competition; operating risks; drilling, completions, workovers and
other activities and the anticipated costs and results of such activities; the
Company's anticipated operational results for 2022 including, but not limited
to, estimated or anticipated production levels, capital expenditures and
drilling plans; acquisition risks; liquidity and capital requirements; the
effects of governmental regulation; anticipated future production and revenue;
drilling plans including the timing of drilling, commissioning, and startup and
the impact of delays thereon; adverse changes in the market for the Company's
oil and natural gas production; dependence upon third-party vendors; risks
associated with COVID-19, the global efforts to stop the spread of COVID-19,
potential downturns in the U.S. and global economies due to COVID-19 and the
efforts to stop the spread of the virus, and COVID-19 in general; economic
uncertainty relating to increased inflation and global conflicts; the lack of
capital available on acceptable terms to finance the Company's continued growth;
and other risk factors, and others, including those referenced in the
presentation and the Company's filings with the Securities and Exchange
Commission. Accordingly, readers should not place undue reliance on any
forward-looking statements. Forward-looking statements may include comments as
to the Company's beliefs and expectations as to future financial performance,
events and trends affecting its business and are necessarily subject to
uncertainties, many of which are outside the Company's control. More information
on potential factors that could affect the Company's financial results is
included from time to time in the "Cautionary Statement Regarding
Forward-Looking Statements," "Risk Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations" sections of the
Company's periodic and current filings with the SEC, including the Form 10-Qs
and Form 10-Ks, filed with the SEC and available at www.sec.gov and in the
"Investors" - "SEC Filings" section of the Company's website at
https://usnrg.com. Forward-looking statements speak only as of the date they are
made. The Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise that occur after that date, except as otherwise provided by
law.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description
99.1* U.S. Energy Corp. August 2022 Corporate Overview Presentation
107 Inline XBRL for the cover page of this Current Report on Form 8-K
* Furnished herewith.
The inclusion of any website address in this Form 8-K, and any exhibit thereto,
is intended to be an inactive textual reference only and not an active
hyperlink. The information contained in, or that can be accessed through, such
website is not part of or incorporated into this Form 8-K.
© Edgar Online, source Glimpses