U.S. Energy Corporation reported total oil and gas sales of approximately $1.7 million for the third quarter of 2025, down from $5.0 million in the same period of 2024. Oil sales accounted for 91% of total revenue this quarter, up from 88% in the prior year. The company produced 35,326 BOE, with 75% attributed to oil. Lease operating expenses were about $1.0 million, or $29.4 per BOE, compared to $3.1 million, or $29.0 per BOE, in the third quarter of 2024. Cash general and administrative expenses were approximately $1.7 million, a 15% decrease from $2.0 million the previous year. U.S. Energy reported a net loss of $3.3 million, or $0.10 per diluted share, and adjusted EBITDA of negative $1.3 million for the quarter. The company ended the period with $1.4 million in cash and $11.4 million in available liquidity. Business developments included ongoing progress on the Montana industrial gas project, completion of the initial processing facility design, and continued infrastructure build-out at the Kevin Dome.