STEVENSON, Md. -- (Business Wire)

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Dune Energy, Inc. (“Dune Energy” or the “Company”) (Other OTC: DUNR) relating to the proposed buyout of the Company by Eos Petro, Inc. (“EOPT”).

Under the terms of the transaction, Dune Energy shareholders are anticipated to receive $0.30 in cash for each share of Dune Energy common stock they own. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into the transaction, and whether EOPT is underpaying for Dune Energy shares.

If you currently own common stock of Dune Energy and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.

Contacts:

Brower Piven, A Professional Corporation
Charles J. Piven
1925 Old Valley Road
Stevenson, Maryland 21153
Telephone: 410-415-6616
hoffman@browerpiven.com

Source: Brower Piven, A Professional Corporation