Dune Energy Inc (DUNR) 0.0250 $DUNR
Dune Energy, Inc. Reports Year-End 2014 Proved Reserves Of 12.9 MMBoe, Down 17% From Year-End 2013
PR Newswire - Thu Apr 02, 4:24PM CDT
Dune Energy, Inc. (OTCBB: DUNRQ) ) ("Dune" or the "Company"
today reported year-end 2014 proved oil and gas reserves of 5,601 Mbo and 43.6 Bcf of gas or 12.9 MMBoe. Oil volumes decreased 1,562 Mbo or 22% and gas volumes decreased 6.5 Bcf over year-end 2013 reported reserves. PV@10% value of these reserves, as calculated in accordance with applicable financial and reporting standards of the Securities and Exchange Commission, totaled $256.6 million, a $55.1 million decrease or 17.7% below the year-end 2013 PV@10% value of $311.7 million.
Eos Petro's Tender Offer to Acquire Dune Energy Expires
Marketwired - Tue Mar 10, 8:02AM CDT
Eos Petro, Inc. ("Eos" (OTCQB: EOPT) has announced that, due to unforeseen contractions and instability in energy commodities markets, it has permitted its tender offer to acquire all outstanding shares of Dune Energy, Inc. ("Dune" (OTCQB: DUNR) to expire without renewal. No shares of Dune were purchased in the tender offer.
Dune Energy Commences Voluntary Chapter 11 Business Reorganization
PR Newswire - Mon Mar 09, 9:01AM CDT
Dune Energy, Inc. (OTCBB: DUNR) (the "Company" announced today that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Western District of Texas. The Company announced that it will request approval of $10 million in debtor-in-possession financing from its pre-bankruptcy lenders. The Company will continue to operate its oil and gas production facilities as a debtor-in-possession.
Eos Petro Announces Extension of Tender Offer for Any and All Outstanding Shares of Dune Energy
Marketwired - Mon Feb 09, 11:28AM CST
In connection with the previously announced Agreement and Plan of Merger, dated September 17, 2014 (the "Merger Agreement", between Dune Energy, Inc. ("Dune" (OTCQB: DUNR), Eos Petro, Inc. ("Eos" (OTCQB: EOPT), and Eos Merger Sub, Inc. ("Purchaser", Eos today announced that Eos and Dune have agreed to extend the expiration of the tender offer to acquire all of the outstanding shares of common stock of Dune to Friday, February 13, 2015 at 12:00 Midnight, New York City time to allow the parties additional time to negotiate revised terms to the Merger Agreement.
Dune Energy To Negotiate Revised Terms To The Merger Agreement With Eos Petro And Extends The Tender Offer
PR Newswire - Mon Dec 22, 4:02PM CST
Dune Energy, Inc. (OTCBB: DUNR) (the "Company" today announced that, in connection with the Agreement and Plan of Merger dated September 17, 2014, as amended (the "Merger Agreement" between the Company, Eos Petro, Inc. ("Eos" and Eos Merger Sub, Inc., Eos has informed the Company that, due to the recent severe decline in oil prices, Eos cannot complete the merger and tender offer on the terms set forth in the Merger Agreement. Because of the severe decline in oil prices, Eos' sources of capital for the merger and tender offer were withdrawn.
DUNE ENERGY INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Dune Energy Inc. of Class Action Against the Board of Directors of the Company Challenging the Fairness of the Sale of the Company to Eos Petro, Inc. -- DUNR
GlobeNewswire - Mon Oct 20, 11:15AM CDT
Levi & Korsinsky notifies investors of Dune Energy Inc. (OTC
UNR) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Eos Petro, Inc. A complaint was filed in texas state court.
Eos Petro, Inc. Commences Tender Offer For All Shares Of Dune Energy, Inc.
PR Newswire - Thu Oct 09, 8:30AM CDT
Eos Petro, Inc. ("Eos" (OTC:EOPT) and Dune Energy, Inc. ("Dune" (OTCUNR) today announced that Eos' directly wholly owned subsidiary, Eos Merger Sub, Inc. ("Purchaser", has commenced a tender offer to acquire all of the outstanding shares of Dune common stock for $0.30 per share in cash, without interest and less any applicable withholding taxes (the "Offer". The Offer is being made pursuant to the terms of the previously announced definitive merger agreement (the "Agreement" entered into between Eos, Purchaser and Dune on September 17, 2014.
Dune Energy, Inc. Reports Year-End 2014 Proved Reserves Of 12.9 MMBoe, Down 17% From Year-End 2013
PR Newswire - Thu Apr 02, 4:24PM CDT
Dune Energy, Inc. (OTCBB: DUNRQ) ) ("Dune" or the "Company"
today reported year-end 2014 proved oil and gas reserves of 5,601 Mbo and 43.6 Bcf of gas or 12.9 MMBoe. Oil volumes decreased 1,562 Mbo or 22% and gas volumes decreased 6.5 Bcf over year-end 2013 reported reserves. PV@10% value of these reserves, as calculated in accordance with applicable financial and reporting standards of the Securities and Exchange Commission, totaled $256.6 million, a $55.1 million decrease or 17.7% below the year-end 2013 PV@10% value of $311.7 million. Eos Petro's Tender Offer to Acquire Dune Energy Expires
Marketwired - Tue Mar 10, 8:02AM CDT
Eos Petro, Inc. ("Eos"
(OTCQB: EOPT) has announced that, due to unforeseen contractions and instability in energy commodities markets, it has permitted its tender offer to acquire all outstanding shares of Dune Energy, Inc. ("Dune" (OTCQB: DUNR) to expire without renewal. No shares of Dune were purchased in the tender offer. Dune Energy Commences Voluntary Chapter 11 Business Reorganization
PR Newswire - Mon Mar 09, 9:01AM CDT
Dune Energy, Inc. (OTCBB: DUNR) (the "Company"
announced today that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Western District of Texas. The Company announced that it will request approval of $10 million in debtor-in-possession financing from its pre-bankruptcy lenders. The Company will continue to operate its oil and gas production facilities as a debtor-in-possession. Eos Petro Announces Extension of Tender Offer for Any and All Outstanding Shares of Dune Energy
Marketwired - Mon Feb 09, 11:28AM CST
In connection with the previously announced Agreement and Plan of Merger, dated September 17, 2014 (the "Merger Agreement"
, between Dune Energy, Inc. ("Dune" (OTCQB: DUNR), Eos Petro, Inc. ("Eos" (OTCQB: EOPT), and Eos Merger Sub, Inc. ("Purchaser", Eos today announced that Eos and Dune have agreed to extend the expiration of the tender offer to acquire all of the outstanding shares of common stock of Dune to Friday, February 13, 2015 at 12:00 Midnight, New York City time to allow the parties additional time to negotiate revised terms to the Merger Agreement. Dune Energy To Negotiate Revised Terms To The Merger Agreement With Eos Petro And Extends The Tender Offer
PR Newswire - Mon Dec 22, 4:02PM CST
Dune Energy, Inc. (OTCBB: DUNR) (the "Company"
today announced that, in connection with the Agreement and Plan of Merger dated September 17, 2014, as amended (the "Merger Agreement" between the Company, Eos Petro, Inc. ("Eos" and Eos Merger Sub, Inc., Eos has informed the Company that, due to the recent severe decline in oil prices, Eos cannot complete the merger and tender offer on the terms set forth in the Merger Agreement. Because of the severe decline in oil prices, Eos' sources of capital for the merger and tender offer were withdrawn. DUNE ENERGY INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Dune Energy Inc. of Class Action Against the Board of Directors of the Company Challenging the Fairness of the Sale of the Company to Eos Petro, Inc. -- DUNR
GlobeNewswire - Mon Oct 20, 11:15AM CDT
Levi & Korsinsky notifies investors of Dune Energy Inc. (OTC
UNR) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Eos Petro, Inc. A complaint was filed in texas state court. Eos Petro, Inc. Commences Tender Offer For All Shares Of Dune Energy, Inc.
PR Newswire - Thu Oct 09, 8:30AM CDT
Eos Petro, Inc. ("Eos"
(OTC:EOPT) and Dune Energy, Inc. ("Dune" (OTCUNR) today announced that Eos' directly wholly owned subsidiary, Eos Merger Sub, Inc. ("Purchaser", has commenced a tender offer to acquire all of the outstanding shares of Dune common stock for $0.30 per share in cash, without interest and less any applicable withholding taxes (the "Offer". The Offer is being made pursuant to the terms of the previously announced definitive merger agreement (the "Agreement" entered into between Eos, Purchaser and Dune on September 17, 2014. 
