<SEC-DOCUMENT>0001615774-17-005008.txt : 20170911
<SEC-HEADER>0001615774-17-005008.hdr.sgml : 20170911
<ACCEPTANCE-DATETIME>20170911152109
ACCESSION NUMBER:		0001615774-17-005008
CONFORMED SUBMISSION TYPE:	RW
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20170911
DATE AS OF CHANGE:		20170911

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			US ENERGY CORP
		CENTRAL INDEX KEY:			0000101594
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				830205516
		STATE OF INCORPORATION:			WY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		RW
		SEC ACT:		
		SEC FILE NUMBER:	333-215887
		FILM NUMBER:		171078933

	BUSINESS ADDRESS:	
		STREET 1:		4643 S. ULSTER STREET
		STREET 2:		SUITE 970
		CITY:			DENVER
		STATE:			CO
		ZIP:			80237
		BUSINESS PHONE:		303 993 3200

	MAIL ADDRESS:	
		STREET 1:		4643 S. ULSTER STREET
		STREET 2:		SUITE 970
		CITY:			DENVER
		STATE:			CO
		ZIP:			80237

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WESTERN STATES MINING INC
		DATE OF NAME CHANGE:	19851229
</SEC-HEADER>
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<TYPE>RW
<SEQUENCE>1
<FILENAME>s107461_rw.htm
<DESCRIPTION>RW
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;U.S. Energy Corp.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">4643 S. Ulster Street, Suite 970</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Denver, Colorado 80237</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>VIA EDGAR </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">September 11, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">United States Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Division of Corporation Finance</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">100 F. Street N.E.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention: Loan Lauren P. Nguyen,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;Anuja A. Majmudar</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>&nbsp;&nbsp;&nbsp;Re:<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&#9;&nbsp;&nbsp;&nbsp;</FONT>U.S.
Energy Corp.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in"><B>Withdrawal of Registration Statement on Form S-3, S-3/A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in"><B>Filed February 3, 2017 and August 21, 2017</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in"><B>File No. 333-215887</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Dear Ms. Nguyen and Ms. Majmudar:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Pursuant to Rule 477 (&ldquo;<U>Rule 477</U>&rdquo;)
promulgated under the Securities Act of 1933, as amended (the &ldquo;<U>Act</U>&rdquo;), U.S. Energy Corp. (the &ldquo;<U>Registrant</U>&rdquo;)
hereby respectfully requests the withdrawal of the above-referenced Registration Statement on Form S-3, and Form S-3/A (File No.
333-215887), originally filed with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;) on February 3,
2017 and August 21, 2017 respectively, together with all amendments and exhibits thereto (the &ldquo;<U>Registration Statement</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Registration Statement has not been declared
effective, and no securities of the Registrant have been sold under the Registration Statement. The Registration Statement was
filed in accordance with the Registrant&rsquo;s contractual obligation to file and seek effectiveness of a registration statement
covering the resale by <FONT STYLE="font-family: Times New Roman, Times, Serif">Hudson Bay Master Fund Ltd., and CVI Investments,
Inc., </FONT>the selling stockholders identified in the Registration Statement (the &ldquo;<U>Selling Shareholders</U>&rdquo;),
of shares of the Registrant&rsquo;s common stock issuable upon exercise of warrants. The Company was advised by the Commission
to refile the Registration Statement on Form S-1. Accordingly, the Company has filed a registration statement on Form S-1. The
Registrant believes that the withdrawal of the Registration Statement is consistent with the public interest and the protection
of investors, as contemplated by Rule 477.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Registrant requests that in accordance with
Rule 457(p) under the Act, all fees paid to the Commission in connection with the filing of the Registration Statement be credited
for future use. If you have any questions regarding the foregoing, please do not hesitate to contact David Veltri, President and
Chief Executive Officer of the Registrant, at 303-993-3200.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 171pt; text-indent: 0.5in">Sincerely,</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-indent: -45pt"><B>U.S. ENERGY CORP.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 207pt"></TD><TD STYLE="width: 40.5pt">By:</TD><TD><U>/s/ David Veltri</U></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 207pt"></TD><TD STYLE="width: 40.5pt">Name:</TD><TD>David Veltri</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 207pt"></TD><TD STYLE="width: 40.5pt">Title:</TD><TD>President and Chief Executive Officer</TD></TR></TABLE>



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