U.S. Energy Corp. as previously announced, Company management will be led by Ryan Smith who will continue to serve as Chief Executive Officer and as a member of the Board of Directors. John Weinzierl will serve as Chairman of the Board of Directors.

As part of the transaction, the U.S. Energy Board of Directors increased from five to seven members, including Mr. Weinzierl as Chairman, Mr. Duane King, and Mr. Joshua Batchelor, and four legacy Directors from U.S. Energy, including Mr. Smith.