Dr. Amiel David, President and COO, stated, "We have just completed another extremely cost effective purchase on the sweet spot of the Barnett Shale play. We expect to commence our aggressive drilling program shortly, as we anticipate a rig to be on our property within 20 days, which Dune will use to drill four locations. In addition, we also expect to accept delivery of another rig under a two-year dedicated contract on or about August 1, 2006, as previously stated on April 11, 2006."
Dune is an aggressive and rapidly growing oil and gas exploration and production company with operations presently concentrated along the Louisiana/Texas Gulf Coast as well as the Fort Worth Basin Barnett Shale.
Most Popular Articles
From the Career Center
Jobs that may interest you