US Energy Corp Abandons Thompson Well

U.S. Energy Corp. USEG today announced the results of its southeastern Colorado drilling program. The Thompson 9-1-4 well spud on June 18, 2011 and reached its target depth of ~6,000 ft. the first week in July. The objective target was the Mississippian formation, which was encountered during drilling but did not contain hydrocarbons. Upon evaluation of the drilling results, the Company determined that the well was non-productive and has plugged and abandoned the well. No further drilling is anticipated in this acreage block at this time.