Dune Energy News (AMEX:DNE)
| Latest Dune Energy News Headlines | | Date | Time | Source | | | 07/23/2008 | 1:27PM | PRNUS | Dune Energy Announces Operations Update; Commences Further Drilling at Garden Island Bay and Plans High Impact Exploratory Well
HOUSTON, July 23 /PRNewswire-FirstCall/ -- Dune Energy (AMEX:DNE) announced today that it has commenced drilling the State Lease 214 #912 well at its Garden Island Bay Field, located in Plaquemines Parish, Louisiana. The well, the initial follow up to Dune's very successful 2007 drilling program, is scheduled to reach... More...>> |
| 07/07/2008 | 12:23PM | PRNUS | Dune Energy to Sell Its Barnett Shale Properties; Company to Focus on High Rate of Return Gulf Coast Program
HOUSTON, July 7 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (AMEX:DNE) announced today it has signed a Purchase and Sale Agreement to sell its Barnett Shale assets located in Denton and Wise Counties, Texas, for $41.5 million. BMO Capital Markets rendered a fairness opinion to Dune's Board of Directors on this transaction... More...>> |
| 07/02/2008 | 12:00PM | PRNUS | EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 10-14, 2008
DENVER, July 2 /PRNewswire/ -- EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference(R), http://www.theoilandgasconference.com/. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70... More...>> |
| 05/12/2008 | 5:48PM | PRNUS | Dune Energy Reports 1st Quarter 2008 Financial and Operating Results and Provides 2008 Guidance
HOUSTON, May 12 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (AMEX:DNE) today announced financial and operating results for the first quarter, ended March 31, 2008, as summarized below:
Revenue and Production
Revenue for the first quarter totaled $40.8 million. This compares with $2.9 million for the first quarter... More...>> |
| 05/05/2008 | 9:00AM | PRNUS | Conversion Price of Dune Energy, Inc.'s 10% Senior Redeemable Convertible Preferred Stock Reset to $1.75 Per Share
HOUSTON, May 5 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (AMEX:DNE) announced today that the price at which its 10% Senior Redeemable Convertible Preferred Stock may be converted has been reset to $1.75 per share, effective as of May 1, 2008. Previously the conversion price was $3.00 per share. This one-time adjustment... More...>> |
| 03/11/2008 | 8:00AM | PRNUS | Dune Energy Reports Record Fourth Quarter and Full Year 2007 Operating Results
HOUSTON, March 11 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (AMEX:DNE) today announced record operating results for the fourth quarter and calendar year 2007.
Revenue and Production
Revenue for the fourth quarter totaled $39.8 million and $84.3 million for calendar year 2007. This compares with $3.4 million and... More...>> |
| 02/05/2008 | 8:30AM | PRNUS | Dune Energy Increases Proforma 2007 Reserves 23%; Year Over Year Reserves Rise 490%
HOUSTON, Feb. 5 /PRNewswire-FirstCall/ -- Dune Energy Inc. ("Dune" or the "Company") (AMEX:DNE) announced year end 2007 reserves totaled 175 Bcfe, consisting of 117 Bcf of natural gas and 9.6 MMbbls of oil. Approximately 67% of the reserves are natural gas. Proforma for the acquisition of Goldking Energy Corporation... More...>> |
| 01/08/2008 | 8:00AM | PRNUS | Dune Energy Targets 122% Increase in Production for 2008 to 20 Bcfe
HOUSTON, Jan. 8 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) announced today that it is forecasting 2008 production of approximately 20 Bcfe, or an average of 55 MMcfe/day. In 2007 Dune produced approximately 9.0 Bcfe, with 3.8 Bcfe produced in the fourth quarter.
Currently 40% of... More...>> |
| 11/14/2007 | 12:02PM | PRNUS | Dune Energy Provides Third Quarter Drilling and Production Activity Update; Third Quarter Production Rises 83% Over Second Quart
HOUSTON, Nov. 14 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) announced today that third quarter production volumes totaled 3.0 Bcfe, and averaged 33.4 Mmcfe/d. This represents an increase of 83% over second quarter volumes, which totaled 1.7 Bcfe. The acquisition of Goldking Energy... More...>> |
| 10/29/2007 | 12:53PM | PRNUS | Dune Energy Announces Exchange Offer for its Outstanding 10 1/2% Senior Secured Notes Due 2012
HOUSTON, Oct. 29 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) announced today that it commenced an exchange offer for all of its outstanding 10 1/2 % Senior Secured Notes due 2012. Dune is offering to exchange up to $300,000,000 aggregate principal amount of its 10 1/2 % Senior Secured... More...>> |
| 09/06/2007 | 2:03PM | PRNUS | Dune Energy Assumes Role of Operator of Bayou Couba Field; Provides Operational Update
HOUSTON, Sept. 6 /PRNewswire-FirstCall/ -- Dune Energy Inc. ("Dune" or the "Company") (AMEX:DNE) announced today that effective September 1, 2007, it has become operator of the Bayou Couba Field, located in St. Charles Parrish, Louisiana. In conjunction with assuming operator status, Dune has purchased an additional... More...>> |
| 08/09/2007 | 12:17PM | PRNUS | Dune Energy Updates Drilling Program and Provides Production Guidance
HOUSTON, Aug. 9 /PRNewswire-FirstCall/ -- (AMEX:DNE) Dune Energy announced today that it is forecasting 2007 year-end exit rate production volumes to meet or exceed 55 Mmcfe/d, approximately double proforma volumes at the beginning of the year. The exit rate for the second quarter of 2007 was 31.6 Mmcfe/d. The sharp... More...>> |
| 08/07/2007 | 1:58PM | PRNUS | Dune Energy Significantly Increases Barnett Shale Position to More Than 8,000 Acres; Accelerates Drilling Program
HOUSTON, Aug. 7 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (AMEX:DNE) Dune Energy, Inc., via three new agreements, announced today that it has significantly increased its acreage position in the Fort Worth Basin Barnett Shale to more than 8,000 gross acres from some 2,900 gross acres at the beginning of 2007.
Covering... More...>> |
| 07/25/2007 | 12:00PM | PRNUS | EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 19 - 23, 2007
DENVER, July 25 /PRNewswire/ -- EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference(R), http://www.theoilandgasconference.com/. In its 12th year, the Conference, held in Denver Aug. 19 - 23, 2007, is the oldest and largest energy investment conference hosted in Denver, showcasing more... More...>> |
| 07/12/2007 | 9:00AM | PRNUS | Dune Energy Elects Directors at Annual Shareholder Meeting
HOUSTON, July 12 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (AMEX:DNE) held its annual shareholder meeting on July 10, 2007 in Houston. The following directors were elected to serve for the upcoming year: Alan D. Gaines, James A. Watt, Richard M. Cohen, Steven Barrenechea, Steven Sisselman, William E. Greenwood and... More...>> |
| 05/16/2007 | 9:00AM | PRNUS | Dune Energy Closes Acquisition of Goldking Energy Corporation
HOUSTON, May 16 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) announced today that it closed its previously announced purchase of 100% of the capital stock of Goldking Energy Corporation on May 15, 2007. The purchase price consisted of $302.5 million in cash, plus 10,055,866 shares... More...>> |
| 05/07/2007 | 3:04PM | PRNUS | Dune Energy Hires Steven J. Craig as Vice President Investor Relations and Administration
HOUSTON, May 7 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) announced today the hiring of Steven J. Craig as Vice President of Investor Relations and Administration. Mr. Craig most recently served in a similar capacity for Remington Oil and Gas Corporation prior to its sale in June... More...>> |
| 05/03/2007 | 8:30AM | PRNUS | Dune Energy Provides Barnett Shale Operations Update: Production From Four New Wells
HOUSTON, May 3 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) today provided an update of its Barnett Shale drilling operations, located within the core fairway of the north Texas Fort Worth Basin, in Denton County. Dune owns a 100% working interest in the wells which follow:... More...>> |
| 05/02/2007 | 8:00AM | PRNUS | Dune Energy Prices Private Offerings of $300 Million of Senior Secured Notes Due 2012 and $180 Million of Senior Redeemable Conv
HOUSTON, Texas, May 2 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) announced today that it had priced its previously disclosed private offering of senior secured notes due 2012 (the "Senior Secured Notes") and senior redeemable convertible preferred stock (the "Preferred Stock... More...>> |
| 05/02/2007 | 8:00AM | PRNUS | Dune Energy Prices Private Offerings of $300 Million of Senior Secured Notes Due 2012 and $180 Million of Senior Redeemable Conv
HOUSTON, Texas, May 2 /PRNewswire-FirstCall/ -- Dune Energy, Inc. ("Dune" or the "Company") (AMEX:DNE) announced today that it had priced its previously disclosed private offering of senior secured notes due 2012 (the "Senior Secured Notes") and senior redeemable convertible preferred stock (the "Preferred Stock... More...>> |
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