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Posted by
Two Blokes Jun 19 -
Filed in
Stock
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U.S. Energy is transitioning from oil and gas to industrial gases, focusing on helium extraction and CO2 sales to diversify revenue streams. The company is building a 17 MMCF/d CO2 processing plant, increasing CAPEX but unlocking higher volumes and tax credit opportunities through CO2 sequestration. Recent well costs have declined, and USEG's existing oil and gas assets help de-risk the speculative nature of this development phase.