BSIN

SEC source: 0001437749-25-023247 · rdgdoc.xml · nonDerivative · entry 4

Batchelor Joshua Lane · CIK 0001903548 · 10% owner · Member of 10% owner group

Sage Road Capital, LLC · CIK 0001903543 · 10% owner · Member of 10% owner group

Banner Oil & Gas, LLC · CIK 0001903556 · 10% owner · Member of 10% owner group

Woodford Petroleum, LLC · CIK 0001903542 · Member of 10% owner group

Stamets Benjamin Andrew · CIK 0001904963 · 10% owner · Member of 10% owner group

Sage Road Energy II, LP · CIK 0001696210 · Member of 10% owner group

SRC Management Company, LP · CIK 0002057471 · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 521,931

F8 · date: This filing was delated due to delays in obtaining valid filing credentials from EDGAR Next.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.02 to $2.085, inclusive. The reporting person undertakes to provide to US Energy Corp, any security holder of US Energy Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

F1 · balance_after: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (4), (5) and (6).

F6 · ownership.direct: Represents shares of the Common Stock held by Sage Road Energy II, LP ("Sage Road Energy"). The shares held by Sage Road Energy may be deemed to be beneficially owned by Sage Road, which indirectly controls Sage Road Energy and manages certain funds which own a majority interest of Sage Road Energy, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

SEC source: 0001437749-25-023247 · rdgdoc.xml · nonDerivative · entry 3

Batchelor Joshua Lane · CIK 0001903548 · 10% owner · Member of 10% owner group

Sage Road Capital, LLC · CIK 0001903543 · 10% owner · Member of 10% owner group

Banner Oil & Gas, LLC · CIK 0001903556 · 10% owner · Member of 10% owner group

Woodford Petroleum, LLC · CIK 0001903542 · Member of 10% owner group

Stamets Benjamin Andrew · CIK 0001904963 · 10% owner · Member of 10% owner group

Sage Road Energy II, LP · CIK 0001696210 · Member of 10% owner group

SRC Management Company, LP · CIK 0002057471 · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 357,744

F8 · date: This filing was delated due to delays in obtaining valid filing credentials from EDGAR Next.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.02 to $2.085, inclusive. The reporting person undertakes to provide to US Energy Corp, any security holder of US Energy Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

F1 · balance_after: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (4), (5) and (6).

F5 · ownership.direct: Represents shares of the Common Stock held by Woodford Petroleum, LLC ("Woodford"). The shares held by Woodford may be deemed to be beneficially owned by Sage Road, which indirectly controls Woodford and manages certain funds which own a majority interest of Woodford, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

SEC source: 0001437749-25-023247 · rdgdoc.xml · nonDerivative · entry 2

Batchelor Joshua Lane · CIK 0001903548 · 10% owner · Member of 10% owner group

Sage Road Capital, LLC · CIK 0001903543 · 10% owner · Member of 10% owner group

Banner Oil & Gas, LLC · CIK 0001903556 · 10% owner · Member of 10% owner group

Woodford Petroleum, LLC · CIK 0001903542 · Member of 10% owner group

Stamets Benjamin Andrew · CIK 0001904963 · 10% owner · Member of 10% owner group

Sage Road Energy II, LP · CIK 0001696210 · Member of 10% owner group

SRC Management Company, LP · CIK 0002057471 · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,633,716

F8 · date: This filing was delated due to delays in obtaining valid filing credentials from EDGAR Next.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.02 to $2.085, inclusive. The reporting person undertakes to provide to US Energy Corp, any security holder of US Energy Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

F1 · balance_after: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (4), (5) and (6).

F4 · ownership.direct: Represents shares of the Common Stock held by Banner Oil & Gas, LLC ("Banner"). The shares held by Banner may be deemed to be beneficially owned by Sage Road, which indirectly controls Banner and manages certain funds which own a majority interest of Banner, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

SEC source: 0001437749-25-023247 · rdgdoc.xml · nonDerivative · entry 1

Batchelor Joshua Lane · CIK 0001903548 · 10% owner · Member of 10% owner group

Sage Road Capital, LLC · CIK 0001903543 · 10% owner · Member of 10% owner group

Banner Oil & Gas, LLC · CIK 0001903556 · 10% owner · Member of 10% owner group

Woodford Petroleum, LLC · CIK 0001903542 · Member of 10% owner group

Stamets Benjamin Andrew · CIK 0001904963 · 10% owner · Member of 10% owner group

Sage Road Energy II, LP · CIK 0001696210 · Member of 10% owner group

SRC Management Company, LP · CIK 0002057471 · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,586

F8 · date: This filing was delated due to delays in obtaining valid filing credentials from EDGAR Next.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.02 to $2.085, inclusive. The reporting person undertakes to provide to US Energy Corp, any security holder of US Energy Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

F3 · ownership.direct: Represents shares of shares of common stock, $0.01 par value per share of US Energy Corp (the "Common Stock"), held by SRC Management Company, LP ("SRC"). The shares held by SRC may be deemed to be beneficially owned by Sage Road Capital, LLC ("Sage Road"), which indirectly controls SRC, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

SEC source: 0001437749-25-020683 · rdgdoc.xml · nonDerivative · entry 1

Keys Randall D · CIK 0001050736 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 193,913

SEC source: 0001437749-25-019362 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,177,039

SEC source: 0001437749-25-019198 · rdgdoc.xml · nonDerivative · entry 1

Zajac Mark L. · CIK 0001979641 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 319,936

F1 · kind: Represents payment of tax withholding from exempt stock gains.

SEC source: 0001437749-25-018876 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,174,539

SEC source: 0001437749-25-017893 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,172,539

SEC source: 0001437749-25-016586 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,170,039

SEC source: 0001437749-25-016586 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,168,039

SEC source: 0001437749-25-009687 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,167,039

SEC source: 0001437749-25-009687 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,166,539

SEC source: 0001437749-25-008449 · rdgdoc.xml · nonDerivative · entry 1

Zajac Mark L. · CIK 0001979641 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 338,147

F1 · kind: Represents payment of tax withholding from exempt stock gains.

SEC source: 0001437749-25-008448 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,166,039

F1 · kind: Represents payment of tax withholding from exempt stock grants.

SEC source: 0001437749-25-007797 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,242,746

SEC source: 0001437749-25-007797 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,242,246

SEC source: 0001437749-25-005557 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,241,746

SEC source: 0001437749-25-005557 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,241,246

SEC source: 0001437749-25-005146 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,240,746

SEC source: 0001437749-25-005146 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,240,246

SEC source: 0001437749-25-004802 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,239,746

SEC source: 0001437749-25-004802 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,239,246

SEC source: 0001437749-25-004490 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,238,746

SEC source: 0001437749-25-004490 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,238,246

SEC source: 0001437749-25-004013 · rdgdoc.xml · nonDerivative · entry 1

Zajac Mark L. · CIK 0001979641 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 360,000

F1 · shares: Represents restricted stock shares subject to time-based vesting, which vest at the rate of 1/2 of such shares on each of the two anniversaries of the grant date, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F2 · price: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as an officer of the Issuer. Issued under the Issuer's 2022 Equity Compensation Plan.

SEC source: 0001437749-25-004010 · rdgdoc.xml · nonDerivative · entry 1

DENNY JAMES W III · CIK 0001221319 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 203,913

F1 · shares: Represents restricted stock shares subject to time-based vesting, which vest at the rate of 50% on July 1, 2025 and 50% on January 1, 2026, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F2 · price: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer. Issued under the Issuer's 2022 Equity Compensation Plan.

SEC source: 0001437749-25-004009 · rdgdoc.xml · nonDerivative · entry 1

Slack Stephen · CIK 0001225203 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 208,913

F1 · shares: Represents restricted stock shares subject to time-based vesting, which vest at the rate of 50% on July 1, 2025 and 50% on January 1, 2026, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F2 · price: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer. Issued under the Issuer's 2022 Equity Compensation Plan

SEC source: 0001437749-25-004011 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,236,746

F1 · shares: Represents restricted stock shares subject to time-based vesting, which vest at the rate of 1/4th of such shares on each of the four anniversaries of the grant date, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F2 · price: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as an officer of the Issuer. Issued under the Issuer's 2022 Equity Compensation Plan.

SEC source: 0001437749-25-004008 · rdgdoc.xml · nonDerivative · entry 1

Keys Randall D · CIK 0001050736 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 238,913

F1 · shares: Represents restricted stock shares subject to time-based vesting, which vest at the rate of 50% on July 1, 2025 and 50% on January 1, 2026, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F2 · acquired: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer.

SEC source: 0001437749-25-004005 · rdgdoc.xml · nonDerivative · entry 1

Weinzierl John A · CIK 0001377295 · Director · 10% owner · Member of 10% owner group

John Alfred Weinzierl 2020 Trust u/a November 10, 2020 · CIK 0002018711 · 10% owner · Member of 10% owner group

Katla Energy Holdings LLC · CIK 0001940541 · 10% owner · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 497,826

F1 · kind: Grant of restricted stock subject to time-based vesting 50% on July 1, 2025 and 50% on January 1, 2026, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F1 · shares: Grant of restricted stock subject to time-based vesting 50% on July 1, 2025 and 50% on January 1, 2026, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F2 · price: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as the Chairman of the Board of Directors of the Issuer.

F3 · ownership.direct: Excludes shares of common stock relating to the voting group described below under "Remarks". Represents shares of common stock, $0.01 par value per share of the Issuer ("Common Stock"), held by Mr. Weinzierl directly. This Form 4 is filed jointly by John A. Weinzierl and Katla. Mr. Weinzierl is the 100% owner of all of the equity of Katla. Mr. Weinzierl is also the Chairman of U.S. Energy Corp. and is the Trustee of the Trust (defined below). Mr. Weinzierl disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

SEC source: 0001437749-25-004007 · rdgdoc.xml · nonDerivative · entry 1

King Duane H · CIK 0001903594 · Director · 10% owner · Member of 10% owner group

King Oil & Gas Company, Inc. · CIK 0001938274 · Director owned entity

Synergy Offshore LLC · CIK 0001903570 · 10% owner · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 188,913

F1 · kind: Grant of restricted stock subject to time-based vesting 50% on July 1, 2025 and 50% on January 1, 2026, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F1 · shares: Grant of restricted stock subject to time-based vesting 50% on July 1, 2025 and 50% on January 1, 2026, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.

F2 · price: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer.

F3 · ownership.direct: Represents shares of common stock, $0.01 par value per share of the Issuer, held by Mr. Duane H. King. Excludes shares of common stock relating to the voting group included under "Remarks".

SEC source: 0001437749-25-004097 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,237,746

SEC source: 0001437749-25-003641 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 836,746

SEC source: 0001437749-25-003641 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 836,246

SEC source: 0001437749-25-002930 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 835,746

SEC source: 0001437749-25-002930 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 835,246

SEC source: 0001437749-25-002457 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 834,746

SEC source: 0001437749-25-002457 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 834,246

SEC source: 0001437749-25-002074 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 833,746

SEC source: 0001437749-25-002074 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 833,246

SEC source: 0001437749-26-003875 · rdgdoc.xml · nonDerivative · entry 4

Batchelor Joshua Lane · CIK 0001903548 · Director · 10% owner · Member of 10% owner group

Sage Road Capital, LLC · CIK 0001903543 · 10% owner · Member of 10% owner group

Banner Oil & Gas, LLC · CIK 0001903556 · 10% owner · Member of 10% owner group

Woodford Petroleum, LLC · CIK 0001903542 · Member of 10% owner group

Stamets Benjamin Andrew · CIK 0001904963 · 10% owner · Member of 10% owner group

Sage Road Energy II, LP · CIK 0001696210 · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 573,224

F1 · shares: On January 27, 2025, the Issuer entered into a Share Repurchase Agreement with Banner Oil & Gas, LLC, Woodford Petroleum, LLC, and Sage Road Energy II, LP (collectively, the "Selling Stockholders"). Pursuant to the Share Repurchase Agreement, the Issuer, in a private transaction repurchased 635,400 shares of common stock held by the Selling Stockholders, for an aggregate of $1,574,362 or $2.47775 per share.

F2 · shares: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (5), (6) and (7).

F3 · price: Represents the price per share of shares of common stock, $0.01 par value per share, of the Issuer sold in the Issuer's January 2025 underwritten public offering, less commissions and discounts.

F2 · balance_after: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (5), (6) and (7).

F7 · ownership.direct: Represents shares of the Common Stock held by Sage Road Energy II, PC ("Sage Road Energy"). The shares held by Sage Road Energy may be deemed to be beneficially owned by Sage Road, which indirectly controls Sage Road Energy and manages certain funds which own a majority interest of Sage Road Energy, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

SEC source: 0001437749-26-003875 · rdgdoc.xml · nonDerivative · entry 3

Batchelor Joshua Lane · CIK 0001903548 · Director · 10% owner · Member of 10% owner group

Sage Road Capital, LLC · CIK 0001903543 · 10% owner · Member of 10% owner group

Banner Oil & Gas, LLC · CIK 0001903556 · 10% owner · Member of 10% owner group

Woodford Petroleum, LLC · CIK 0001903542 · Member of 10% owner group

Stamets Benjamin Andrew · CIK 0001904963 · 10% owner · Member of 10% owner group

Sage Road Energy II, LP · CIK 0001696210 · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 392,901

F1 · shares: On January 27, 2025, the Issuer entered into a Share Repurchase Agreement with Banner Oil & Gas, LLC, Woodford Petroleum, LLC, and Sage Road Energy II, LP (collectively, the "Selling Stockholders"). Pursuant to the Share Repurchase Agreement, the Issuer, in a private transaction repurchased 635,400 shares of common stock held by the Selling Stockholders, for an aggregate of $1,574,362 or $2.47775 per share.

F2 · shares: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (5), (6) and (7).

F3 · price: Represents the price per share of shares of common stock, $0.01 par value per share, of the Issuer sold in the Issuer's January 2025 underwritten public offering, less commissions and discounts.

F2 · balance_after: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (5), (6) and (7).

F6 · ownership.direct: Represents shares of the Common Stock held by Woodford Petroleum, LLC ("Woodford"). The shares held by Woodford may be deemed to be beneficially owned by Sage Road, which indirectly controls Woodford and manages certain funds which own a majority interest of Woodford, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

SEC source: 0001437749-26-003875 · rdgdoc.xml · nonDerivative · entry 2

Batchelor Joshua Lane · CIK 0001903548 · Director · 10% owner · Member of 10% owner group

Sage Road Capital, LLC · CIK 0001903543 · 10% owner · Member of 10% owner group

Banner Oil & Gas, LLC · CIK 0001903556 · 10% owner · Member of 10% owner group

Woodford Petroleum, LLC · CIK 0001903542 · Member of 10% owner group

Stamets Benjamin Andrew · CIK 0001904963 · 10% owner · Member of 10% owner group

Sage Road Energy II, LP · CIK 0001696210 · Member of 10% owner group

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,089,101

F1 · shares: On January 27, 2025, the Issuer entered into a Share Repurchase Agreement with Banner Oil & Gas, LLC, Woodford Petroleum, LLC, and Sage Road Energy II, LP (collectively, the "Selling Stockholders"). Pursuant to the Share Repurchase Agreement, the Issuer, in a private transaction repurchased 635,400 shares of common stock held by the Selling Stockholders, for an aggregate of $1,574,362 or $2.47775 per share.

F2 · shares: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (5), (6) and (7).

F3 · price: Represents the price per share of shares of common stock, $0.01 par value per share, of the Issuer sold in the Issuer's January 2025 underwritten public offering, less commissions and discounts.

F2 · balance_after: Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (5), (6) and (7).

F5 · ownership.direct: Represents shares of the Common Stock held by Banner Oil & Gas, LLC ("Banner"). The shares held by Banner may be deemed to be beneficially owned by Sage Road, which indirectly controls Banner and manages certain funds which own a majority interest of Banner, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

SEC source: 0001437749-25-001511 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 832,749

F1 · kind: Represents payment of tax withholding from exempt stock grants

SEC source: 0001437749-25-001511 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 875,050

SEC source: 0001437749-25-001295 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 874,550

SEC source: 0001437749-25-001295 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 874,050

SEC source: 0001437749-25-001031 · rdgdoc.xml · nonDerivative · entry 2

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 873,550

SEC source: 0001437749-25-001031 · rdgdoc.xml · nonDerivative · entry 1

Smith Ryan Lewis · CIK 0001619129 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 873,050