U.S. Energy Corp. to acquire interest in DJ basin developments

U.S. Energy Corp., a Wyoming corporation, has entered into a non-binding Letter of Intent (LOI) with IronHorse Resources LLC. pursuant to which the company expects to acquire a 40% interest in IronHorse Resource’s farmout agreement to participate in developing three core areas in the DJ basin's Wattenberg field, in Weld County, Colo. More »