U.S. Energy (USEG) strikes a deal with privately-held Mueller Exploration to participate in the...

|About: U.S. Energy Corp. (USEG)|By:, SA News Editor

U.S. Energy (USEG) strikes a deal with privately-held Mueller Exploration to participate in the oil-rich Woodbine Sub-Clarksville 7 project located in Texas. USEG will pay $1.7M in cash to earn an initial 26.5% working interest in ~6,766 gross acres.