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Dune Energy, Inc. · Houston, TX United States ·(NYSE Alternext: DNE)

Company Description

2 Shell Plaza 777 Walker St., Ste. 2450
Houston, TX
77002
United States (Map)
Phone: 713-229-6300
Fax: 713-229-6388
    View Dune Energy, Inc. Locations On A US MapThis link will open in a new window
    Like sand piling up in a windblown sand dune, Dune Energy is looking to pile up profits from its Texas and Louisiana oil and gas properties. The oil and gas exploration and production independent has leases on 100,000 gross acres across 23 producing oil and natural gas fields along the Texas and Louisiana Gulf Coast. In 2008 Dune Energy reported proved reserves of 8.2 million barrels of oil and 83.8 billion cu. ft. of natural gas. It has a more than two-year current drilling inventory for its properties along the Gulf Coast. Swiss bank UBS owns 35% of the company; Russian gas company ITERA's Tierra Holdings BV unit, 33%. To read the full description, subscribe now.
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    Key Dune Energy, Inc. Financials

    Company TypePublic - NYSE Alternext: DNE

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$146.6
    2008 Employees52

    Dune Energy, Inc. Executives

    13 executives listed for Dune Energy, Inc.'s Houston, TX location.
    TitleName & BioContact
    ChairmanAlan GainesNetwork
    President, CEO, and DirectorJames WattNetwork
    EVP and COOHal BettisNetwork

    Competition

    Competitive Landscape for Dune Energy, Inc.
    Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
    Top Dune Energy, Inc. Competitors
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