BEXP expects USEG will continue participation drilling with BEXP after the 6wells. more revenue will be added to USEG. This is why USEG is up decently with good volume. When LEE is up and running next week, USEG will explode.!!!!

"Steve Berman - Pritchard Capital Partners

So you're assuming they will exercise their option?

Bud Brigham

I'm very certain, Steve, that they will.

Lance Langford

So we get the opportunity next year to keep up to 50% and we have the option to go as low as 15%. So going forward just based on the financing we've done, we would expect that of that original working interest that we had in those wells that we expect to keep 50% and that leaves them with the other 50% so long as they elect to participate.

Gene Shepherd

With the recent outstanding success of the JV, it's our expectation they'll participate.

Lance Langford

They will. So it will be a 50:50 split is what we're modeling.

Steve Berman - Pritchard Capital Partners

Isn't it your option as to which wells those nine are?

Lance Langford

That's correct.

Steve Berman - Pritchard Capital Partners

So you could drill a particular well in Rough Rider, and say, no, you're not in this one, but you can be in that one?

Bud Brigham

Yes, we can.

Steve Berman - Pritchard Capital Partners

Then just one other question. Gene, what's the current share count including the overallotment exercise you mentioned earlier?

Gene Shepherd

Yes. 99.8, that includes the green shoe.

Steve Berman - Pritchard Capital Partners

Okay. All right. That's it from me. Thanks, guys.

Bud Brigham

You're welcome. Just one general comment. U.S. Energy is a great partner and it's been great relationship, and so we're clearly going to be real fair and we've got a lot of good locations to drill with those guys.