USEG - U S Energy Corp. Message Board

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Gold/Mining/Energy : USEG - U S Energy Corp.

USEG 1.238

+6.8%

Oct 31 3:59 PM EST

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To: Paul Senior who wrote (75)	2/16/2010 1:04:24 PM
From: Texas77	of 98

Paul, I don't know if you follow Yahoo threads or not but an interesting post made there today by dfwtracker. He has been close to the mark with most of his posts. Cut and paste follows in double quotes: ""We should receive news releases in the near future announcing the IPO on the geothermal assets and also a release announcing USEG's year end O&G reserves. Barrylake has also mentioned some additional major news to be released very soon which I believe pertains to the Molybdenum assets and Thompson Creek metals. In addition I am anticipating the completion results of at least two USEG/BEXP wells to be announced today after market close. Three BEXP/USEG JV wells currently awaiting completion result announcemnt: The Jack Erickson 6-31, Kalil 25-36 and Papineau Trust 17-20, that were spud on 12/16, 12/18 and 1/9 respectivly eached finished drilling operations quite some time ago and I anticipate completion results to be announced on the Jack Erickson 6-31 and Kalil 25-36 today. The Jack Erickson is located about four miles northwest of BEXP's Brad Olson 9-16 that had an IP rate of 2,112 from a 28 stage frac. The Kalil is located about about four miles northwest of BEXP's Strand 16-9 that had an IP rate of 2,264 boe/d from a 26 stage frac. The Papineau Trust is located about three miles west of BEXP'S Marachek 15-22 that had an IP rate of 727 boe/d from a 7 stage frac. Three BEXP/USEG JV wells currently drilling: The Ableman State 21-16 (spud 1/27/10), Arnson 13-24(spud 2/4/10) and the Mortenson 5-32-1H (2/10/10) The Ableman State is located in section 21 of township 152N-101W or about three miles north east of BEXP's Figaro 29-32 that had an IP of 1,895 boe/d from a 19 stage frac. The Arnson is located in section 13 of Township 155N-103W or about three miles west of BEXP's Strand 16-9 that had an IP rate of 2,264 boe/d from a 26 stage frac. The Mortenson is located in section 5 of Township 154N-102W or about two miles northwest of BEXP's Brad Olson 9-16 that had an IP rate of 2,112 boe/d from a 28 stage frac "" It will be interesting to see if we get news after market today!

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