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Stock impact report

Crbon Labs and US Venture Collaborate as Carbon Credits from Plugging Orphan Wells Gain Traction [Yahoo! Finance]

U.S. Energy Corp. (USEG) 
US:NASDAQ Investor Relations: usedc.com/financial-advisors-investors
Company Research Source: Yahoo! Finance
completed the first plugging of an orphan gas well in Canada and is pleased to announce its collaboration with U.S. Venture, Inc. and its U.S. Energy ® team who has acquired 100% of the corresponding High Fidelity Crbon ™ credits from the project. U.S. Energy®, a U.S. Venture company, recently recognized by Quantum Commodity Intelligence (QCI) as one of the largest carbon market intermediaries by volume, will blend the credits into portfolios across a range of geographies and technologies to help organizations achieve their sustainability goals. Plugging wells like this one in Wainwright, Canada , immediately and permanently eliminates methane gas emissions, one of the most potent greenhouse gases (GHGs). The comprehensive American Carbon Registry Plugging Orphaned Oil & Gas Wells (ACR OOG V1) methodology used on the project provides one of the viable pathways to accelerate the permanent plugging, remediation and restoration of the more than 3 million old idle and orphan oil and g Show less Read more
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