Securities and Exchange Commission
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed pursuant to Section 13 or 15(d) or the
Securities Exchange Act of 1934 and Rule 13a-17 or 15d-17
U.S. ENERGY CORP.
877 North 8th West
Riverton, WY 82501
Issuer's telephone number: (307) 856-9271
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:
1. Title of security: common shares, $.01 par value
2. Number of shares outstanding before the change: 5,453,410 shares
3. Number of shares outstanding after the change: 6,265,842 shares
4. Effective date of change: July 17, 1995
5. Method of change: New issue of restricted shares in
private placement.
II. CHANGE IN NAME OF ISSUER: Not applicable
Date: August 1, 1995 U.S. ENERGY CORP.
BY: ________________________________
Robert Scott Lorimer,
Chief Financial Officer
