US Energy Corp (USEG) Misses Q2 EPS by 1c

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U.S. Energy Corp. Reports Second Quarter 2014 Highlights and Selected Financial Results

August 11, 2014 7:30 AM EDT

RIVERTON, Wyo., Aug. 11, 2014 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq: USEG) (the "Company"), today reported its second quarter 2014 highlights and selected financial results for the quarter ended June 30, 2014 and provided an operations update.

Selected Highlights, Capital Budget, Acquisitions and Divestitures for the Three and Six Months Ended June 30, 2014

Three Months Ended June 30, 2014

Produced 116,499 barrels of oil equivalent ("BOE"), or 1,280 BOE per day ("BOE/D"), from 117 gross (18.14 net) wells. The Company averaged 1,352 net BOE/D for the month of June 2014. The Company recorded net... More