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Dune Advances M47 Seismic Program and Announces Settlement and Private Placement

Dune Oil says it made an advance payment to begin its 2026 seismic program and select contractors. The headline also reports an extension of its farm-in work commitment, a settlement agreement and a private placement.

DUNE

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12:53:21 PM UTC
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Dune Oil Corp. (DUNE) Retires $3.68M Debt With Expected $2.98M Gain; Upsizes Placement

Vancouver, British Columbia — October 15, 2026 — Dune Oil Corp. (CSE: DUNE; OTCQB: DUNXF; FSE: Z621) said it made an advance payment to begin its 2026 seismic program and selected a contractor. The company also provided updates on payment timing under its earn-in agreement.