U.S. Energy Corp. Announces Investment in Geothermal Entity

U.S. Energy Corp. announced that it has invested $3.445 million in Standard Steam Trust LLC, a private geothermal exploration and development company based in Denver, Colorado. Current capitalization of SST (with other partners) is $13.8 million (25% USE), which now includes approximately 60,000 acres of BLM, state and fee leases in seven prospect areas... 

Nevada Geothermal Power Inc. Issues Stock Options

Nevada Geothermal Power Inc. announced that incentive stock options have been granted to two members of NGP’s board of directors to purchase 100,000 common shares of the Company at an exercise price of $1.08 per share for a term of 5 years. Common shares which may be acquired upon exercise of the options shall be subject to a hold period which...