Investor Presentaiton
U.S. Energy Reserves Summary
US Energy Corp. Reserves Summary (April 1, 2022)(¹)
U.S. ENERGY CORP.
Oil
(Mbbl)
Proved Producing Reserves ("PDP")
4,750
Natural Gas
(MMCF)
9,122
Total Reserves
(MBOE)
6,270
Proved Not-Producing Reserves ("PDNP")
Total Proved Reserves
601
50
609
% of Total Reserves
91%
9%
PV-10(2) ($MM)
$110.6
% Oil
76%
21.4
99%
5,350
9,173
6,879
100%
$131.0
78%
4
(1)
(2)
Confidential.
4
U.S. Energy Asset Map
1
2
3
Overview
Asset diversification in areas with existing
Company operations and experience:
1. Mid-Con
2. West Texas
3. East Texas
4. Rockies
■
U.S. Energy operates over 90% of its asset base.
■
PDP reserves of 6,270 Mboe (76% oil).
■ PDP PV-10 of $110.6 mm.
■
PDNP reserves of 609 Mboe (99% oil)
■
PDNP PV-10 of $21.4 mm.
Reserves based on 3rd party report of U.S. Energy as of April 1, 2022 and the assets acquired in January 2022 transaction
1Q2022 SEC pricing of $75.24 oil and $4.09 natural gas.View entire presentation