U.S. Energy reaches investment decision on Montana carbon facility

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U.S. Energy Corp. Reaches Final Investment Decision to Build Big Sky Carbon Hub Facility; Targets Commercial Operations in Q1 2027

March 18, 2026 7:00 AM EDT

HOUSTON, March 18, 2026 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG) (U.S. Energy or the Company), an integrated energy company advancing a diversified industrial gas, energy, and carbon management platform, today announced that it has reached a Final Investment Decision (FID) for the construction of its processing facility at the Big Sky Carbon Hub (Big Sky) in Montana, and executed an Engineering, Procurement, and Construction (EPC) agreement with CANUSA EPC under a fixed-scope EPC contract structure.

FID marks the pivotal execution milestone unlocking... More