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Stock impact report

U.S. Energy Continues to Expand Its Footprint in the Permian Basin [Yahoo! Finance]

U.S. Energy Corp. (USEG) 
US:NASDAQ Investor Relations: usedc.com/financial-advisors-investors
Company Research Source: Yahoo! Finance
Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America , is strategically expanding its operations in the prolific Permian Basin. Building on a series of recent successes, the company is poised for significant growth and development in one of the most productive oil and gas regions in the United States In its 2023 year-end report , U.S. Energy highlighted its robust performance in the Permian Basin, showcasing substantial gains in both production and operational efficiency. The 2024 strategy and goals are no different, with a continued investment into the Permian, highlighted by the recent completion of U.S. Energy-operated JT Morris pad. The 5-well pad has achieved remarkable success, coming in below budget while outperforming type curve projections. "Having the right team on location is critical to development success in the Delaware Basin. We were very fortunate to contract an active rig to accompany our exper Show less Read more
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