Dune Energy seeks bankruptcy protection

US minnow Dune Energy has filed for Chapter 11 bankruptcy protection after $22 million takeover offer from fellow US outfit Eos Petro fell apart.

Funding move: Dune Energy makes bankrupty protection filing after Eos Petro, above, fails to complete takeover deal

Bill Lehane

Published 9 March 2015, 13:44Updated 17 October 2016, 12:58