(Reuters) - With an expected 20 percent working interest partnership in
various wells that will be drilled over the next two to three
years, U.S. Energy's original commitment is for about $3
million, which has been tendered, the mining company said.
Two prospects have already been leased and exploration and
development activities should commence in the later part of the
fourth quarter 2007 or the first quarter of 2008, it said.
Read more at Reuters.com Mergers News
various wells that will be drilled over the next two to three
years, U.S. Energy's original commitment is for about $3
million, which has been tendered, the mining company said.
Two prospects have already been leased and exploration and
development activities should commence in the later part of the
fourth quarter 2007 or the first quarter of 2008, it said.
Read more at Reuters.com Mergers News
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