![]() We take steps to mitigate risk for our teams, partners, landowners, and environment. (' enCore ' or the ' Company ') (TSXV: EU) (OTCQB: ENCUF) today announced continuing positive results from its uranium. Read more about our history Operations/Production With the knowledge we have learned through experience and the arrival of new technologies, we will continue to improve our horizontal drilling, completion technology, and production methods to maximize resource recovery and minimize environmental impact. The Company expects to use the net proceeds from the Offering to maintain and advance the Companys material properties, acquire properties, plant upgrades, drilling, maintenance and. ![]() Our future development will focus on horizontal methods. This method of recovery minimizes the impact that our operations have on the environment and maximizes recovery of our resources. As a result, the Department of Environmental Protection (DEP) is stepping up its requirements for drilling in that part of the state, which is known for seismic activity. US Energy has successfully drilled, completed, and produced over 100 horizontal oil and gas wells within conventional sandstones. Pennsylvania officials say they’ve confirmed the state’s first fracking-related earthquakes took place last year in Lawrence County, northwest of Pittsburgh. Our focus is to continuously grow our acreage position while maximizing the recovery of oil and gas reserves from our resources, while considering the environmental footprint we leave behind. 1 Following Premier Oil plc's acquisition of EnCore Oil plc in 2012. ![]() And natural-gas prices could benefit from the sharp drop in oil prices. We currently operate and produce over 1000 oil and gas wells within Kansas, West Virginia, Ohio, and Pennsylvania. EMGLO EMGO Emmequattro SRL Empire Plow Encore ENDUSTRA Energic Energizer Energy Hydraulics Energy Manufacturing Enfield Enginaire Engine Power. Pennsylvania’s rig count, a yardstick for new well drilling, is 24, half what it was a year ago, according to Baker Hughes. US Energy’s founder and the generations before him have been drilling, producing, and operating oil and gas wells within the Appalachian Basin since the late 1800’s.Īs a leader in natural gas production within the Appalachian Basin, US Energy has grown its lease hold to over 250,000 acres. Energy return on investment (EROI) is a means of measuring the quality of various fuels by calculating the ratio between the energy delivered by a particular fuel to society and the energy invested in the capture and delivery of this energy. ![]()
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