8-K 1 form8-k.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (date of earliest event reported): September 16, 2019

U.S. ENERGY CORP.

(Exact Name of Company as Specified in its Charter)

Wyoming |  | 000-06814 |  | 83-0205516
(State or other jurisdiction of incorporation or organization) |  | (Commission File No.) |  | (I.R.S. Employer Identification No.)

950 S. Cherry St., Suite 1515, Denver, Colorado |  | 80246
(Address of principal executive offices) |  | (Zip Code)

Registrant’s telephone number, including area code: (303) 993-3200

Not Applicable

Former Name, Former Address or Former Fiscal Year,
If Changed From Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

[ ] | Written communications pursuant to Rule 425 under the Securities Act
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Act:

Title of each class |  | Trading Symbol(s) |  | Name of exchange on which registered
Common Stock, $0.01 par value |  | USEG |  | NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 8.01. Other Events.

On September 16, 2019, U.S. Energy Corp. (the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2018 (the “Annual Report”) with the U.S. Securities and Exchange Commission. As noted in the Annual Report, the Company’s reserve estimates as of December 31, 2018 are based on a reserve report prepared by Jane E. Trusty, PE. Ms. Trusty is an independent petroleum engineer and a State of Texas Licensed Professional Engineer (License #60812). A copy of Ms. Trusty’s report, which is referenced in the Annual Report, is filed as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) | Exhibits.
99.1 | Reserve Report (Jane E. Trusty, PE)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| U.S. ENERGY CORP.
| By: | /s/ Ryan Smith
|  | Ryan Smith
|  | Chief Financial Officer
| Dated: | September 18, 2019