SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                    Pursuant to Section 13 and 15(d) of the
                        Securities Exchange Act of 1934


Date  of  Report (date of earliest event reported):  May 29, 2003 (May 28, 2003)


                                U.S. ENERGY CORP.
--------------------------------------------------------------------------------
              Exact Name of Registrant as Specified in its Charter)

     Wyoming                         0-6814                          205516
-----------------               ----------------               -----------------
(State or other jurisdiction       (Commission                 (I.R.S.  Employer
     of incorporation)               File No.)               Identification No.)


Glen  L.  Larsen  Building
877  North  8th  West
Riverton,  WY                                                          82501
--------------------------------------------                       -------------
(Address  of  Principal  Executive  Offices)                        (Zip  Code)


       Registrant's telephone number, including area code: (307) 856-9271


                                 Not Applicable
--------------------------------------------------------------------------------
              (Former Name, Former Address or Former Fiscal Year,
                          if Changed From Last Report)



ITEM  5.  OTHER  EVENTS

     The  Company announced that on May 28, 2003, it received the Amended Minute
Order  from  the  U.S.  District  Court  for  Colorado,  which  stated:

"After review of the transcript of hearing held May 16, 2003 and to clarify this
Court's  minute  order  of  May  19,  2003,  the briefing schedule is set out as
follows:

          Plaintiffs'  (USECC)  unopposed  motion  for extension of time to file
     supplemental  objections  to the Report of the Special Master is GRANTED to
     and  including  May  27,  2003.

          Defendants  (Nukem)  will  then have until June 10, 2003 to respond to
     plaintiffs'  supplemental  objections. Plaintiffs will then have until June
     20,  2003  to  reply  to  defendants'  response.

          Plaintiffs'  have  to and including May 27, 2003 to respond to Nukem's
     motion  to  adopt  Report  of  Special  Master.

          Defendants  will  have  until  June  20,  2003 to reply to plaintiffs'
     response  to  its  motion  to  adopt  Report  of  Special  Master."

The  Report  was filed with the Court "under seal" and the Company is prohibited
by  law,  from disclosure of the particulars of the accounting report to anyone,
except  executive  officers  and  legal counsel.  At such time the Court permits
release of the report, the particulars will be reported in further press release
and  a  Form  8-K.

FORWARD  LOOKING  STATEMENTS

     This  Report  on  Form 8-K includes "forward-looking statements" within the
meaning  of  Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange  Act").  All  statements  other  than  statements  of  historical fact
included  in  this Report, are forward-looking statements. In addition, whenever
words  like  "expect,"  "anticipate"  or  "believe"  are  used,  we  are  making
forward-looking  statements.


                                   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.


                                             U.S.  ENERGY  CORP.


Dated:  May  29,  2003                  By:       /s/  Daniel  P.  Svilar
                                             -----------------------------------
                                             DANIEL  P.  SVILAR,  Secretary