U.S. Energy Corp Stock Jumps as $285 Helium Deal Gives Big Sky a Buyer
U.S. Energy Corp. has locked in a five-year helium sales deal with a global industrial gas company carrying investment-grade credit, securing a customer for supplies from its proposed Big Sky Carbon Hub in Montana. The Houston-based company declined to identify the buyer. This deal shifts Big Sky from just a proposal to a project with real sales behind it, ahead of the company’s planned commercial launch in the first quarter of 2027. The agreement locks in all helium produced at the plant near Oilmont, Montana—up to 1.2 million cubic feet per month—at a fixed price of $285 per thousand cubic feet. Prices will start to rise with inflation in March 2028.