UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date of
Report (date of earliest event reported): May 19, 2008 (May 18,
2008)
U.S.
ENERGY CORP.
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(Exact
Name of Company as Specified in its
Charter)
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Wyoming
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0-6814
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83-0205516
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(State
or other jurisdiction of
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(Commission
File No.)
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(I.R.S.
Employer
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incorporation
or organization)
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Identification
No.)
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Glen
L. Larsen Building
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877
North 8th
West
Riverton,
WY
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82501
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code: (307)
856-9271
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Not
Applicable
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Former
Name, Former Address or Former Fiscal Year,,
If
Changed From Last Report)
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Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2):
¨ Written communications
pursuant to Rule 425 under the Securities Act
¨ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
Section
8: Other Events
Item
8.01. Decision
of the Colorado Mined Land Reclamation Board Denying Jurisdiction
As
previously reported in Part II, Item 1 (“Legal Proceedings”) of U.S. Energy
Corp.’s Form 10-Q for the quarter ended March 31, 2008 (filed May 12, 2008), the
High Country Citizens’ Alliance (‘HCCA”) filed, in March 2008, a request for a
public hearing and appeal before the Colorado Mined Land Reclamation Board
regarding the determination by the Division of Reclamation, Mining and Safety of
the Colorado Department of Natural Resources authorizing activity at the Lucky
Jack property under a Notice of Intent to Conduct Prospecting Notice (the
“NOI”).
On June
18, 2008, USE received the Board’s order (dated June 13, 2008) denying HCCA’s
requests for (i) a hearing, on the grounds that the Colorado Mined Land
Reclamation Act and applicable rules do not allow for Board review of a
prospecting notice; and (ii) a declaratory order to terminate controversies or
remove uncertainties as to the authorizing NOI.
HCCA has
30 days from the date of the Board’s order to file an appeal in the Denver
District Court.
Section 9. Financial Statements and
Exhibits.
None.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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U.S.
ENERGY CORP.
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Dated:
May 19, 2008
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By:
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/s/
Keith G. Larsen
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Keith
G. Larsen, CEO
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