<SEC-DOCUMENT>0001213900-19-004897-index.html : 20190327
<SEC-HEADER>0001213900-19-004897.hdr.sgml : 20190327
<ACCEPTANCE-DATETIME>20190326191409
ACCESSION NUMBER:		0001213900-19-004897
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		14
FILED AS OF DATE:		20190327
DATE AS OF CHANGE:		20190326
GROUP MEMBERS:		ANGELUS CAPITAL, LLC
GROUP MEMBERS:		ANGELUS PRIVATE EQUITY GROUP, LLC
GROUP MEMBERS:		APEG ENERGY II GP, LLC
GROUP MEMBERS:		DUKE CAPITAL SERVICES, LLC
GROUP MEMBERS:		PATRICK E. DUKE
GROUP MEMBERS:		PAUL W. HAARMAN

SUBJECT COMPANY:	

	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:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-31542
		FILM NUMBER:		19706328

	BUSINESS ADDRESS:	
		STREET 1:		950 SOUTH CHERRY STREET
		STREET 2:		SUITE 1515
		CITY:			DENVER
		STATE:			CO
		ZIP:			80246
		BUSINESS PHONE:		303 993 3200

	MAIL ADDRESS:	
		STREET 1:		950 SOUTH CHERRY STREET
		STREET 2:		SUITE 1515
		CITY:			DENVER
		STATE:			CO
		ZIP:			80246

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WESTERN STATES MINING INC
		DATE OF NAME CHANGE:	19851229

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			APEG Energy II, LP
		CENTRAL INDEX KEY:			0001704591
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		3305 NORTHLAND DRIVE
		STREET 2:		SUITE 101
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78731
		BUSINESS PHONE:		512-743-6925

	MAIL ADDRESS:	
		STREET 1:		3305 NORTHLAND DRIVE
		STREET 2:		SUITE 101
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78731
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>sc13d0319apgenergy_usenergy.htm
<DESCRIPTION>SCHEDULE 13D
<TEXT>
Document 1 - file: sc13d0319apgenergy_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>sc13d0319ex99-1_usenergy.htm
<DESCRIPTION>CREDIT AGREEMENT BY AND AMONG ENERGY ONE LLC AS BORROWER, BNP PARIBAS AS ADMINISTRATIVE AGENT AND CERTAIN LENDERS PARTY THERETO, DATED JULY 30, 2010
<TEXT>
Document 2 - file: sc13d0319ex99-1_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>sc13d0319ex99-2_usenergy.htm
<DESCRIPTION>GUARANTY AND PLEDGE AGREEMENT BY AND AMONG ENERGY ONE AND CERTAIN OBLIGORS IN FAVOR OF BNP PARIBAS AS ADMINISTRATIVE AGENT, DATED JULY 30, 2010
<TEXT>
Document 3 - file: sc13d0319ex99-2_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>sc13d0319ex99-3_usenergy.htm
<DESCRIPTION>NOTE IN THE PRINCIPAL SUM OF $75,000,000 BY AND AMONG ENERGY ONE AND BNP PARIBAS DATED JULY 30, 2010
<TEXT>
Document 4 - file: sc13d0319ex99-3_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>sc13d0319ex99-4_usenergy.htm
<DESCRIPTION>LOAN SALE AGREEMENT BY AND AMONG WELLS FARGO AND APEG II LP, DATED APRIL 21, 2017
<TEXT>
Document 5 - file: sc13d0319ex99-4_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.5
<SEQUENCE>6
<FILENAME>sc13d0319ex99-5_usenergy.htm
<DESCRIPTION>MASTER ASSIGNMENT AGREEMENT BY AND AMONG WELLS FARGO AND APEG II LP, DATED MAY 2, 2017
<TEXT>
Document 6 - file: sc13d0319ex99-5_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.6
<SEQUENCE>7
<FILENAME>sc13d0319ex99-6_usenergy.htm
<DESCRIPTION>STANDSTILL AGREEMENT BY AND AMONG ISSUER AND APEG II LP, DATED SEPTEMBER 7, 2017
<TEXT>
Document 7 - file: sc13d0319ex99-6_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.7
<SEQUENCE>8
<FILENAME>sc13d0319ex99-7_usenergy.htm
<DESCRIPTION>EXCHANGE AGREEMENT BY AND AMONG THE ISSUER, ENERGY ONE AND APEG II LP, DATED SEPTEMBER 28, 2017
<TEXT>
Document 8 - file: sc13d0319ex99-7_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.8
<SEQUENCE>9
<FILENAME>sc13d0319ex99-8apgenergy.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
Document 9 - file: sc13d0319ex99-8apgenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.9
<SEQUENCE>10
<FILENAME>sc13d0319ex99-9apgenergy.htm
<DESCRIPTION>JOINT FILING AGREEMENT
<TEXT>
Document 10 - file: sc13d0319ex99-9apgenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.10
<SEQUENCE>11
<FILENAME>sc13d0319ex99-10_usenergy.htm
<DESCRIPTION>APEG II LP LETTER TO THE BOARD OF ISSUER, DATED MARCH 26, 2019
<TEXT>
Document 11 - file: sc13d0319ex99-10_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.11
<SEQUENCE>12
<FILENAME>sc13d0319ex99-11_usenergy.htm
<DESCRIPTION>APEG II LP LETTER TO THE BOARD OF ISSUER, DATED FEBRUARY 14, 2019
<TEXT>
Document 12 - file: sc13d0319ex99-11_usenergy.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>ex99-5_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 13 - file: ex99-5_001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>ex99-5_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 14 - file: ex99-5_002.jpg

</DOCUMENT>
</SEC-DOCUMENT>