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Category Archives: Duma Energy Corp. DUMA

Hydrocarb Energy Corp. and Duma Energy Corp. (DUMA) Wrap High-Res Aerial Gravity and Magnetics Work on 5.3M-Acre Namibia Concession

Hydrocarb Energy Corp., the privately held and internationally-focused petroleum E&P headquartered in Houston, which continues to strategically emphasize the negotiation and management of production sharing contracts in major, under-explored projects from Namibia to the domestic U.S., announced alongside partner Duma … Continue reading

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Duma Energy Corp. (DUMA) Applies for NASDAQ Listing

Yesterday, Duma Energy announced that it applied to be listed on the NASDAQ stock exchange. A growing U.S.-based oil and gas exploration and production company, Duma will likely retain its current trading symbol once it receives final approval for listing … Continue reading

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Duma Energy Corp. (DUMA) is “One to Watch”

Duma Energy Corp. is an aggressive growth company actively producing oil and gas in the domestic United States, both on and offshore. Leveraging its technical expertise, promising portfolio, and strong financial condition, the company plans to utilize domestic revenues and … Continue reading

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Will Zacks Prediction Prove True for Duma Energy Corp. (DUMA)?

It’s Tuesday, Feb. 19 – just days away from the advent of March, when Zacks Small-Cap Research projected that Duma Energy’s stock would reach a price of $5. Now, less than 10 days from that deadline, Duma is currently at … Continue reading

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Duma Energy Corp. (DUMA) Set to Pop on Rising Oil Price with Aggressive, Risk-Adjusted Production and Shrewd Share Structure

Duma Energy is a remarkable domestic oil and gas developer doing work both on and offshore at their actively producing/revenue generating assets in Illinois and Texas, which has also managed to secure a 39% WI in a sizeable, 5.3M-acre onshore … Continue reading

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Houston Business Journal Features Duma Energy Corp. (DUMA) in Cover Story

Duma Energy today announced that Houston Business Journal did a cover story on the company after completing an interview with CEO Jeremy G. Driver. Reviewing Duma’s recently announced venture into Namibia, Africa, the article was featured on the front cover … Continue reading

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Zacks Positive Coverage of Duma Energy Corp. (DUMA) Indicates Company’s Successful Model

When Zacks Investment Research recently initiated coverage on Duma Energy, giving the company an Outperform rating based upon its profitability and rapidly growing revenue, it was a vote for the company’s overall strategy of supporting less certain exploratory efforts with … Continue reading

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Duma Energy Corp. (DUMA) Secures Key Namibian Government Approval for Exploration License on 5.3M Acres via Acquisition

Duma Energy, the Houston-based domestic energy developer which has aggressively assembled an extensive portfolio of producing on/offshore oil and gas here in the U.S., took a bold step into the global hydrocarbon arena recently, reporting that the company has fully … Continue reading

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Duma Energy Corp. (DUMA) and Hydrocarb Energy Corp. Form Alliance to Explore for World Class Reserves in Africa Oil Concession

Hydrocarb Energy just announced the completion of a farm-out agreement to Duma Energy Corporation. Houston-based Duma, with current production in the Gulf Coast, indirectly owns a 39% working interest in Owambo blocks 1714A, 1715, 1814A, and 1815A in northern Namibia. … Continue reading

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Duma Energy Corp. (DUMA) Issued Exploration License for 5.3 Million-Acre Concession

Today before the opening bell, Duma Energy announced the completion of the share exchange agreement, dated August 7, 2012, with Namibia Exploration, Inc. (“NEI”); the “Acquisition.” NEI is now a wholly owned subsidiary of Duma. Through NEI, Duma has received … Continue reading

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