In connection with the previously announced Agreement and Plan of Merger, dated September 17, between Dune Energy, Eos Petro, and Eos Merger Sub, Eos today announced that, pursuant to an amendment to the Merger Agreement, the parties have agreed to extend the expiration of the tender offer to acquire all of the outstanding shares of common stock of [...]
Eos Petro today announced that an "E" symbol that was attached to the end of Eos' company trading symbol, (OTCBB: EOPT), today at market open, was inappropriately added and will be removed. Eos is not delinquent, and its trading symbol EOPT is not in danger of being delisted. After conversations between Eos and the Financial Industry Regulatory [...]
In connection with the previously announced merger agreement entered into to acquire Dune Energy, EOS Petro, today announced that, in accordance with the terms of the merger agreement, EOS, EOS Merger Sub and Dune have agreed to extend the expiration of the tender offer to acquire all of the outstanding shares of common stock of Dune at a price of [...]
Eos Petro and Dune Energy today announced that Eos' directly wholly owned subsidiary, Eos Merger Sub, has commenced a tender offer to acquire all of the outstanding shares of Dune common stock for $0.30 per share in cash, without interest and less any applicable withholding taxes. The Offer is being made pursuant to the terms of the previously [...]
Dune Energy has entered into a definitive agreement with Eos Petrowhereby Eos will acquire all of the outstanding shares of the Company for $0.30 per share in cash pursuant to an Agreement and Plan of Merger dated September 17. Under the terms of the agreement, Eos, through a merger subsidiary, will commence a tender offer no later than October 9 [...]
Eos Petro today announced that its recently-completed third well on its "Works Property," located in the Illinois Basin, is once again online after a forced shut-in due to severe winter weather conditions. Current total daily output for this property now stands at approximately 104 barrels of per day ("BOPD") up from zero when the property was [...]
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