SC 13G: US ENERGY CORP
Ticker: USEG · Form: SC 13G · Filed: Aug 16, 2024 · CIK: 101594
| Field | Detail |
|---|---|
| Company | US Energy Corp (USEG) |
| Form Type | SC 13G |
| Filed Date | Aug 16, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by US ENERGY CORP.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by US Energy Corp (ticker: USEG) to the SEC on Aug 16, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.01 (ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie).
How long is this filing?
US Energy Corp's SC 13G filing is 3 pages with approximately 952 words. Estimated reading time is 4 minutes.
Where can I view the full SC 13G filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 952 words · 4 min read · ~3 pages · Grade level 8.5 · Accepted 2024-08-16 21:13:22
Key Financial Figures
- $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
Filing Documents
- ef20034253_sc13g.htm (SC 13G) — 51KB
- 0001140361-24-037716.txt ( ) — 52KB
(a)
Item 1(a). Name of Issuer: U.S. Energy Corp.
(b)
Item 1(b). Address of Issuer's Principal Executive Offices: 1616 S. Voss Road, Suite 725 Houston, TX 77057
(a)
Item 2(a). Name of Person Filing: Wavetech Helium, Inc. (the "Reporting Person")
(b)
Item 2(b). Address of Principal Business Office or, if None, Residence: 1801 Broadway, Suite 600 Denver, CO 80202
(c)
Item 2(c). Citizenship: See row 4 of the cover page of each Reporting Person.
(d)
Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share
(e)
Item 2(e). CUSIP No: 911805307 Item 3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable. Item 4. (a) Amount beneficially owned: See row 9 of the cover page of the Reporting Person. As of June 26, 2024, the Reporting Person directly owns 2,600,000 shares of common stock, par value $0.01 per share (the "Common Stock") of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Reporting Person declares that filing this Schedule 13G shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any Common Stock covered by this Schedule 13G except to the extent of such person's direct ownership of such Common Stock, and except to the extent of such direct ownership, such beneficial ownership is expressly disclaimed by each such person. (b) Percent of class: The Reporting Persons may be deemed to be the beneficial owner of 9.3% of the outstanding shares of the Common Stock. The calculation of beneficial ownership percentage is based on 28,052,959 shares of Common Stock outstanding as of August 7, 2024, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, filed with the Securities and Exchange Commission on August 7, 2024. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: See row 5 of the cover page of each Reporting Person. (ii) Shared power to vote or to direct the vote: See row 6 of the cover page of each Reporting Person. (iii) Sole power to dispose or to direct the disposition of: See row 7 of the cover page of each Reporting Person. (iv) Shared power to dispose or to direct the disposition of: See row 8 of the cover page of each Reporting Person. Item 5.
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: August 15, 2024 WAVETECH HELIUM, INC. By: /s/ Edward Gendelman Name: Edward Gendelman Title: Chief Executive Officer