BUZZ-US energy shares rise after FID, EPC deal for Big Sky Carbon Hub project

U.S. Energy Corp.

U.S. Energy Corp.

USEG

0.00

** Shares of U.S. Energy Corp USEG.O rise 3% to $1.04 premarket

** Co says it has reached a Final Investment Decision (FID) for the construction of its processing facility at the Big Sky Carbon Hub in Montana

** Co adds that it executed an Engineering, Procurement and Construction (EPC) agreement with CANUSA EPC under a fixed-scope EPC contract structure

** The EPC deal established a defined budget and contingency and was completed alongside the FID as a final pre-construction step

** Co says pipeline installation will start in spring 2026, commissioning is expected in Q3 2026 and initial helium sales and carbon management operations in Q1 2027

** Up to last close, USEG up 9.4% YTD


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