HOUSTON, June 4 /PRNewswire-FirstCall/ -- Dune Energy,
Inc. (NYSE Amex: DNE) today announced that the requisite quorum of
stockholders was not present at its June 2,
2010 Annual Meeting of Stockholders (the "Meeting").
Accordingly, pursuant to the Company's by-laws and applicable
Delaware law, the Meeting was
adjourned until Friday, June 18, 2010
and will be held at the offices of the Company located at Two Shell
Plaza, 777 Walker Street, Suite 2300, Houston, Texas 77002, commencing at
1:00 p.m. Central Time. The
record date of April 2, 2010 and the
agenda will remain unchanged for the adjourned Meeting.
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FORWARD-LOOKING STATEMENTS: This document includes
forward-looking statements that are intended to be covered by
"forward-looking statements" safe harbor provided by the Private
Securities Litigation Reform Act of 1995. All statements
included in this press release that address activities, events or
developments that Dune Energy expects, believes or anticipates will
or may occur in the future are forward-looking statements.
Forward-looking statements include, but are not limited to,
statements concerning estimates of expected drilling and
development wells and associated costs, statements relating to
estimates of, and increases in, production, cash flows and values,
statements relating to the continued advancement of Dune Energy,
Inc.'s projects and other statements that are not historical facts.
When used in this document, the words such as "could," "plan,"
"estimate," "expect," "intend," "may," "potential," "should," and
similar expressions are forward-looking statements. Although Dune
Energy, Inc. believes that its expectations reflected in these
forward-looking statements are reasonable, such statements involve
risks and uncertainties and no assurance can be given that actual
results will be consistent with these forward-looking statements.
Important factors that could cause actual results to differ from
these forward-looking statements include the potential that the
Company's projects will experience technological and mechanical
problems, geological conditions in the reservoir may not result in
commercial levels of oil and gas production, changes in product
prices and other risks disclosed in Dune's Annual report on Form
10-K filed with the U.S. Securities and Exchange Commission.
SOURCE Dune Energy, Inc.