SC 13G
1
usenergy13gnov06.txt
US Energy Corp
Common Shares
911805109
November 30, 2006
CUSIP 911805109
1. Sprott Asset Management Inc.
Suite 2700, South Tower, Royal Bank Plaza, Toronto, Ontario M5J 2J1
Canada
2. n/a
3.
4. Ontario, Canada
5. 1,320,000
6. n/a
7. 1,320,000
8. n/a
9. n/a
10. n/a
11. n/a
12. IA
Item 1
(a) US Energy Corp
(b) 877 North 8th West
Riverton, WY
82501
United States
Item 2
(a) Sprott Asset Management Inc.
(b) Suite 2700, South Tower
Royal Bank Plaza
P.O. Box 27
Toronto, Ontario M5J 2J1
Canada
(c) Canadian
(d) Common Shares
(e) 911805109
Item 3
n/a
Item 4
(a) n/a
(b) n/a
(c) (i) 1,320,000
(ii) n/a
(iii) 1,320,000
(iv) n/a
Item 5
n/a
Item 6
n/a
Item 7
n/a
Item 8
n/a
Item 9
n/a
Item 10
December 8, 2006
Neal Nenadovic
Chief Financial Officer