Dune Oil advances seismic work after $3M raise - ICYMI
Dune Oil Corp (CSE:DUNE, OTCQB:DUNXF, FRA:Z620) raised over $3M this year, advancing seismic work on its oil project. CEO Scott Lower highlighted two prospective fields as the focus. The company benefits from high oil prices, with over $100 per barrel improving project economics. Over $50M has been invested in the project, including three seismic rounds and two drilled wells.