US ENERGY CORP — Director's Dealing 2019

Apr 25, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: US ENERGY CORP (USEG)
CIK: 0000101594
Period of Report: 2017-12-27

Reporting Person: Duke Capital Services, LLC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5819270	Indirect

Footnotes

F1: APEG Energy II, LP ("APEG II LP") directly owns 5,819,270 shares of Common Stock, par value $0.01 per share (the "Shares"), of U.S. Energy Corp. APEG Energy II GP, LLC ("APEG II GP") as general partner and investment advisor of APEG II LP may be deemed the beneficial owner of the 5,819,270 Shares directly owned by APEG II LP. Angelus Capital, LLC ("Angelus Capital") as the sole member of APEG II GP may be deemed to beneficially own the 5,819,270 Shares beneficially owned by APEG II GP. Angelus Private Equity Group, LLC ("Angelus Group") as the sole member of Angelus Capital may be deemed to beneficially own the 5,819,270 Shares beneficially owned by Angelus Capital. Duke Capital Services, LLC (the "Reporting Person") as a managing member of Angelus Group may be deemed to beneficially own the 5,819,270 Shares beneficially owned by Angelus Group. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.