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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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Old 03-17-2010, 09:37 PM
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Default DNE Dune Energy Inc.

DNE nice strong move today. I assume for the moment that news came out. It may be getting ready to take back off.

DNE Chart


Dune Energy Inc.
Two Shell Plaza
777 Walker Street Suite 2300
Houston, TX 77002
United States - Map
Phone: 713-229-6300
Fax: 713-229-6388
Web Site: Dune Energy - Oil and Gas Exploration and Development

DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Full Time Employees: 52


BUSINESS SUMMARY
Dune Energy, Inc., an independent energy company, engages in the exploration, development, exploitation, and production of natural gas and crude oil properties located along the Texas and Louisiana Gulf Coast. Its properties cover 100,000 gross acres across 23 producing oil and natural gas fields. As of December 31, 2008, the company’s total proved reserves were 132.9 Bcfe. It sells its oil and gas products primarily to domestic pipelines and refineries. The company was founded in 1998 and is headquartered in Houston, Texas.
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