US Energy Corp. announced that effective from September 7, 2012, Steven D. Richmond appointed to the position of chief financial officer. Mr. Richmond has been employed by the U.S. Energy Corp.

and its subsidiaries since 1992 and has served as Controller & Assistant Controller for the Company since 2003. Mr. Richmond has over 12 years of experience in the accounting profession and 20 years in the oil & gas & mining industries.