DNE @ 3.220 +0.250 8.42% .. n52wh
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Dune Energy, Inc., an oil and gas exploration and production company, engages in the exploration, development, and acquisition of natural gas and crude oil properties. Its operations are concentrated along the Louisiana/Texas Gulf Coast, as well as the Fort Worth Basin Barnett Shale. Dune Energy has a participation agreement with American Natural Energy Corp. to acquire exclusive exploration and development rights in American Natural Energy's Joint Development Agreement with ExxonMobil Corp. covering approximately 11,000 contiguous acres in the Bayou Couba Field, located in St. Charles Parish, Louisiana. The company has working interests in wells located in various areas of Texas, including the Welder Ranch located in Victoria County; the Pearsall Field in Frio County; the Barnett Shale play in the North Texas Fort Worth Basin; and the Los Mogotes Field in Zapata County. |
