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2011-07-05 15:17:00

HOUSTON, July 5, 2011 /PRNewswire/ -- Dune Energy, Inc. (OTCBB: DUNR) provides an update on the drilling at Garden Island Bay. The ORX SL 214 #1 well at Garden Island Bay, Plaquemines Parish, Louisiana has been drilled and logged to a total depth of 19,670 feet (measured depth) and 19,550 feet (true vertical depth). The well is being temporarily abandoned and left capable for deepening or sidetracking operations at a later time. The cost of the well was approximately $32 million of...

2011-03-16 15:40:00

HOUSTON, March 16, 2011 /PRNewswire/ -- Dune Energy, Inc. (OTC Bulletin Board: DUNR) today announced it has set casing at 13,062 feet on its 100% working interest SL 214 #916 well (S Prospect) at Garden Island Bay Field, Plaquemines Parish, Louisiana. The well was drilled to a total depth of 13,078 feet and 5-inch casing has been run to 13,062 feet. The well encountered a 6-foot pay zone (by log analysis) at 12,504 feet on water and an approximately 24-foot zone at 12,708 feet....

2010-10-18 06:00:00

HOUSTON, Oct. 18 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (OTC Bulletin Board: DUNR) announced two South Louisiana drilling joint ventures as described below: Garden Island Bay, Plaquemines Parish, Louisiana Dune Energy Inc., through its subsidiary Dune Properties Inc., together with two industry partners, intends to drill a 19,500 feet exploratory subsalt well within the Garden Island Bay Field to test potential Miocene pay sand. The prospect has been mapped with state-of-the-art...

2010-07-16 08:30:00

HOUSTON, July 16 /PRNewswire-FirstCall/ -- Dune Energy, Inc. today announced that effective at the opening of the market on Friday, July 16th, 2010, the Company's common stock will be traded on the OTC Markets, quoted under the symbol "DUNR." The Company will continue to be a SEC reporting company. Click here for more information: http://www.duneenergy.com/news.html?b=1683&1=1 FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements that are intended to be...

2010-06-30 16:06:00

HOUSTON, June 30 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (NYSE Amex: DNE) announced today it closed on the $30 million sale of South Florence field and entered into a fifth amendment to its revolving credit agreement with its Wells Fargo Foothill. Sale of South Florence Field Dune closed the sale of its South Florence field to a private party on June 29, 2010 for $30 million with an effective date of May 1, 2010. Dune expects to use proceeds from the sale to either temporarily or...

2010-06-21 11:25:00

HOUSTON, June 21 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (NYSE AMEX: DNE) held its annual meeting in Houston, Texas today and followed the meeting with an updated investor presentation available on its website at www.duneenergy.com. A quorum was present at the meeting and the election of all seven board members was approved. Click here for more information: http://www.duneenergy.com/news.html?b=1683&1=1 FORWARD-LOOKING STATEMENTS: This document includes forward-looking...

2010-06-04 07:00:00

HOUSTON, June 4 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (NYSE Amex: DNE) today announced that the requisite quorum of stockholders was not present at its June 2, 2010 Annual Meeting of Stockholders (the "Meeting"). Accordingly, pursuant to the Company's by-laws and applicable Delaware law, the Meeting was adjourned until Friday, June 18, 2010 and will be held at the offices of the Company located at Two Shell Plaza, 777 Walker Street, Suite 2300, Houston, Texas 77002, commencing at...

2009-12-30 15:15:00

HOUSTON, Dec. 30 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (NYSE AMEX: DNE) announced it made the $15.9 million interest payment on its 10 1/2% Senior Secured Notes due 2012 (CUSIP:265338AC7). As previously announced on December 2, 2009, Dune had withheld this payment during the applicable grace period pending ongoing negotiations with its note holders regarding a possible debt restructuring. However, our proactive negotiations with the holders of a majority in principal amount of...

2009-12-02 06:00:00

HOUSTON, Dec. 2 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (NYSE Amex: DNE) today announced it has begun discussions with the holders of a majority of the $300 million in outstanding principal amount of its 10 1/2 % Senior Secured Notes due 2012 (CUSIP: 265338AC7), with a view toward developing a comprehensive restructuring of the terms of the notes. In light of these discussions, Dune has notified the trustee under the indenture governing the notes that Dune does not intend to pay...

2009-11-02 16:07:00

HOUSTON, Nov. 2 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (NYSE Amex: DNE) will distribute a press release, prior to the market open on Wednesday, November 4, 2009 detailing its Third quarter 2009 financial and operating results. James A. Watt, President and CEO, and Alan Gaines, Chairman of the Board of Directors, will discuss these financial and operating results in a conference call to be held on Wednesday, November 4, 2009, at 10:00 a.m. CST (11:00 EST). Participants may call toll...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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