Dunes Exploration Ltd (CE) (DYRFF) 銘柄情報

DYRFF very thin share structure in Sept 2009...


Market Value $29,370 a/o Feb 13, 2013

Shares Outstanding 146,851,200 a/o Sep 30, 2009

Float Not Available

Authorized Shares Not Available

hey bud, i know you haven't been here in awhile. just wanted to get some feedback on DYRFF. i have been speaking with the CEO in emails, and things might be coming together this year. just wanted to get your thoughts.

DYRFF is on my radar, could be big things happening this year

DYRFF has been quiet for some time, anything good here?

From Shreveport Times Sun. Aug. 10

Locations: Bossier Parish

Southern Star Operating Inc., Cash Point 30, 001, Sec. 30, T 19N, R 13W; Sentell Field; 9,500 feet; Non-unitized Cotton Valley.

27 and 30k per acre

http://shreveporttimes.com/apps/pbcs.dll/article?AID=/20080709/NEWS01/80709019

NEWS!

http://biz.yahoo.com/ccn/080703/200807030472214001.html?.v=1

"Southern Star's 5,700-acre Sentell Field has the potential for about 35 Haynesville wells positioned on 160-acre spacing."

That is awesome news. Even at a 20% interest if they hit a well like Petrohawk just hit in that area, then we are sitting on a coiled spring, imo.

I was hoping the price would not go up so fast. I want more.

.18 looks really good in the account. Don't know why they haven't had a PR about the recent activity. Even though our partner has looks like they would take the opportunity to put some smiles out.

Actually from East Texas but work South of Shreveport in Desoto Parish.

Someone posted that on the BDGR board earlier today. I'm in south la. and I work in the offshore O & G business. That is a good well even offshore where drilling and production costs are much higher.

Are you in the Shreveport area? My hometown is Springhill which is in Webster Parish.

I'm also in BDGR. They have properties north,east and west of the Sentell field that may contain the Haynesville Shale. The area of the Haynesville Shale has yet to be determined. Sunday before last The Shreveport Times listed a completion in the East Haynesville Field in Claiborne Parish, that is very near the Arkansas Louisiana state line.

From Last Sunday's Shreveport Times Locations:

Caddo Parish
Nadel & Gussman-Jetta Operating Co., Franks 17, 002, Sec. 17, T 19N, R 14W; Dixie Field; 11,400 feet; Non-unitized Haynesville.

Nadel & Gussman-Jetta Operating Co., Franks 20, 002, Sec. 20, T 19N, R 14W; Dixie Field; 11,200 feet; Non-unitized Haynesville

The Dixie Field is right next door to us so we need to watch these guy"s progress on drilling these two wells.

Local news just annouced that Petrohawk put a well online Friday that's producing 16.5 million cubic feet a day. That's big, and it was in south Bossier. Cha Ching.

Good find. Wish I'd bought some of them when they got down into the 70's. Looks very good for our little company, imo.

News From Our Partner.


Press Release Source: Southern Star Energy Inc.

Southern Star Energy Reports Year-End 2008 Reserves; Company Actively Evaluating Asset for Haynesville Potential
Monday June 30, 9:00 am ET


HOUSTON, June 30 /PRNewswire-FirstCall/ -- Southern Star Energy Inc. (OTC Bulletin Board: SSEY - News), a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced its year-end May 31, 2008 estimated total proved reserves, and probable and possible reserves from its Sentell Field. The table below represents estimates attributable to interests owned by Southern Star Energy and only measure the Cotton Valley sands. The estimates for Southern Star's proved reserves were evaluated by H.J. Gruy, an independent reservoir-engineering firm, in accordance with SEC guidelines and from data provided by Southern Star. Gruy also evaluated the estimates of Southern Star's probable and possible reserves. Only proved reserves can be included in documents filed with the SEC.




Undiscounted Discounted at
Estimated 10% Estimated
Future Future
Oil and Net Cash Net Cash
Category NGL, MBbls Gas, MMcf Gas, MMcfe Flow, $M Flow, $M

Proved
developed
Producing 14.9 720.5 810.1 $7,639.4 $5,298.4
Non-producing 5.0 287.3 317.4 2,490.9 416.6
Proved
undeveloped 44.0 2,193.4 2,457.4 12,098.5 3,714.6
Total proved* 63.9 3,201.2 3,584.9 $21,228.8 $8,498.3

Probable 142.4 7,231.9 8,086.3 $75,287.8 $42,081.9
Possible 32.1 1,600.9 1,633.0 $15,176.5 $8,162.7


*Totals may not add due to rounding and facility cost reductions.

The estimated future net cash flows for the Company's proved, probable and possible reserves were calculated using $124.79 for oil, $2.10 for natural gas liquids (NGL) and $10.67 for natural gas, and held constant for the period 2008 through 2022.

Haynesville Shale Evaluation

The Company disclosed that it is actively evaluating the potential for drilling and producing natural gas from the Haynesville Shale, an emerging natural gas play, in its Sentell Field. Numerous vertical and horizontal wells have been drilled, logged and put into production from the Haynesville formation within a 30-mile radius of Southern Star's Sentell Field. Other operators have reported in their public disclosures that certain wells targeting the Haynesville formation have initial production rates of at least 8 million cubic feet per day with flowing casing pressure of 5,000 pounds per square inch. Southern Star's 5,700-acre Sentell Field has the potential for about 35 Haynesville wells positioned on 160-acre spacing. There are no probable or possible reserve estimates for the Haynesville Shale potential in Southern Star's year-end 2008 reserve report.

David Gibbs, Southern Star President and Chief Executive Officer said: "From a valuation perspective, the year-end 2008 reserve report offers a first glimpse into how quickly our drilling and completion work added reserves and established a foundation for our future. We are cash flow positive each month, a true testament to our work. Further, recent transactions by operators, notably EnCana's $457 million purchase of 88,920 acres in northern Louisiana and Chesapeake Energy's leasehold swap for prospective Haynesville acreage in East Texas for approximately $17,000 per acre are clear indicators of how the industry values the vast potential of the Haynesville Shale. We will begin a 10-well drilling program in August, and will start by drilling two Cotton Valley wells before drilling our first vertical Haynesville test well. We have an exciting opportunity to convert our proved undeveloped Cotton Valley inventory into cash flow as part of our 2008/2009 drilling program and we will perform an extensive technical evaluation of the Haynesville potential. We have an exciting 12 months ahead of us."

About Southern Star Energy

Southern Star Energy's strategy is to acquire under-drilled oil and natural gas leases with significant proven development drilling opportunities, and use all available technologies to increase the valuation of the acquired assets. This strategy reduces Southern Star's risk, allowing the Company to build free cash flow for strategic acquisitions. The Company owns a 40% working interest in approximately 5,700 acres in the Sentell Field, located in the heart of the known Cotton Valley trend north of Shreveport, La. To date, the Company has drilled five successful tests of the Cotton Valley sands, all of which are connected to the market, and producing revenues. The Company will embark on a 10-well development program in the third quarter of 2008, drilling for the Cotton Valley sand and Haynesville shale. Shareholders and prospective investors and analysts are encouraged to visit Southern Star Energy's website: http://www.ssenergyinc.com to learn more about the Company and the Cotton Valley Trend.

Cautionary Statements to Shareholders

Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions in the Private Securities Legislation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Southern Star Energy's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in Southern Star Energy's operations. Southern Star makes undertakes no obligation to update publicly or revise any forward-looking statements or information, whether because of new information, future events or otherwise, unless so required by applicable laws or regulatory policies.




--------------------------------------------------------------------------------
Source: Southern Star Energy Inc.

http://oilshalegas.com/haynesvilleshalestocks.html

One of our partners in the Sentell Field had news out today. http://biz.yahoo.com/bw/080602/20080602005546.html?.v=1


http://www.ssenergyinc.com/s/CottonValley.asp

I also own a few shares of BDGR which has interest in the Caddo Pine Island Field located just West of the Sentell Field.

I honestly can't say much, but things look very good for this company. It might take some time, but they are really going after the heavy hitters and Bob is someone who will get things done.

Please feel free to post any news that you may have learned.

Yeah, this is the real deal. I had dinner with the CEO last week and he's a stand up guy who has been doing this for a long time. If you have some patience with this one it will do very well for you.

I hope this isn't a pump and dump. The IR guy told me news will come out soon, they have nice monthly cash flow and are in the potenially biggest gas find in North American history. Do your own research but the potenial is there. He also told me the goal is build the company over the next two years and hopefully get gobbled up by a big boy. MNLU is a company in the area also and you can look at what it has done over the last 3 months. I missed out on it. But the companies look similiar.

All this stuff is my opinion but I live in the Haynesville Shale area and lease bonus money is approaching 8k per acre and 25% royalty. If they just lease there deep rights below 10k on 5600 acres...well you can do your own math. Just educate yourself before you do anything and don't buy on my ramblings.

Actually I came across this company from a pump and dump posting on the CHK message board. Still worth looking into.

Any thoughts?

Anybody that comes across this board has probably searched for companies operating in the Haynesville Shale and can see the potential of this company. Do your own DD and find out all you can about the this company and others. From what finacial information that has been shared by company this company looks very undervalued. IMHO. Check it out for yourself and get along for the ride.