U.S. Energy Corporation announced on April 16, 2025, the closing of a strategic acquisition for $0.2 million, which strengthens its industrial gas and carbon capture platform in Montana. The acquisition includes approximately 2,300 net acres with carbon dioxide (CO2) rights, highly contiguous to its existing position across the Kevin Dome structure.
A key component of this acquisition is an active Class II injection well, permitted by the U.S. Environmental Protection Agency (EPA) under the Safe Drinking Water Act’s Underground Injection Control Program. This well is crucial for sequestering CO2 captured from U.S. Energy’s upcoming industrial gas processing facility.
The acquisition expands U.S. Energy’s CCUS-ready infrastructure, accelerating its ability to deliver clean, domestically sourced helium while managing CO2 at scale. The company intends to submit a Monitoring, Reporting, and Verification (MRV) plan to the EPA for the Class II well during the second quarter of 2025, positioning itself to potentially leverage federal sequestration incentives.
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