SOURCE: Wall Street Equity Research

Wall Street Equity Research

January 03, 2011 08:33 ET

Professional Research on Dune Energy Inc. and Alamo Energy Corp. - Rising Oil Prices Spike Exploration Activities

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 3, 2011) - www.wallstreetequityresearch.com gives shareholders valuable insight on oil & gas drilling & exploration stocks Dune Energy Inc. (OTCBB: DUNR) and Alamo Energy Corp. (OTCBB: ALME). Sign up today at www.wallstreetequityresearch.com to receive free research reports on these equities.

Oil prices recently hit a two year high, and are now hovering over around the $90 a barrel mark. A decrease in U.S. stockpiles coupled with a recovering economy has helped push oil prices up. Gasoline at the pump is up more than 15% over last year, and if crude prices continue to rise so too will gas prices. While this has some in the industry worried that higher fuel prices will decrease demand, increased oil consumption in China may keep demand high. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting the oil & gas drilling & exploration industry in today's economic environment.

www.wallstreetequityresearch.com is a specialized website where investors can have specific access to free reports oil & gas drilling & exploration industry; traders looking for analyst opinions on Dune Energy Inc., Alamo Energy Corp. and other companies in this industry are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/.

Companies in the Oil and Gas Drilling and Exploration industry have been positively affected by crude's rise, and many are taking the opportunity to expand their drilling operations. Dune Energy Inc. has recently signed a new credit facility, and the company now plans on drilling one or two new wells on their Green Island Bay property. Traders can get direct and free access to today's full report on Dune Energy Inc. by signing up at http://wallstreetequityresearch.com/January032011DuneEnergyInc.(DUNR.OB)030111.php.

Alamo energy Inc. is another exploration company that has benefitted from increased oil prices. The company, which operates in the U.K. as well as the U.S., recently completed their analysis of reprocessed seismic lines. The company is planning to use the information to map a route for a 2D seismic shoot through their 400 square kilometer property in the U.K. They have also increased their drilling activity in the U.S. Traders can have complimentary access to today's complete research report on Alamo Energy Corp. by signing up at http://wallstreetequityresearch.com/January032011AlamoEnergyCorp.(ALME.OB)030111.php

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