Key Highlights
- Dune Oil Corp. plans investor presentations on its M47 oil exploration block in Türkiye.
- The company says it has selected a seismic contractor and advanced funds for a 2026 seismic program.
- Dune expects the seismic work to generate additional drillable targets for a 2027 drilling program.
Dune Oil Corp. (CSE: DUNE) (OTCQB: DUNXF) (FSE: Z621) plans to present an update on its M47 oil exploration block in southeastern Türkiye at two investor events in early November, according to a company news release.
President and Chief Executive Officer Scott Lower is scheduled to present at Market Bridge Live in London on November 4, 2026, and at the Oil & Gas Virtual Investor Conference on November 5, 2026, at 12:30 pm ET. The company said the presentations will cover the M47 Block’s South Lead and North Lead areas, including the seismic work now commencing and how it could feed into future drilling plans.
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Dune also highlighted progress toward its 2026 seismic program, saying it has selected its seismic contractor and advanced funds to begin the work. The company expects the program to generate “several additional drillable exploration locations” in the South Lead area and development locations in the North Lead.
The presentation materials are also expected to review the company’s C-1 well, which it described as a light oil discovery that encountered 32.4° API crude in 2025. Dune noted that the API gravity figure is based on log analysis and an independent petrophysical evaluation of oil recovered from the C-1 and C-2 wells, as previously reported in its April 16, 2026 news release. The company cautioned that API gravity is a measure of oil quality and is not an indicator of flow rates, recoverable volumes, or commercial viability.
Market Bridge Live is described as a full-day investor event hosted by Vox Markets in collaboration with the Canadian Securities Exchange, with one-on-one meetings planned at the venue. The virtual conference presentation is expected to include a live question-and-answer session, and Dune said one-on-one meetings will be available from November 5 to November 10, 2026.
Dune describes itself as a Canadian oil exploration company focused on Türkiye and said it is advancing the onshore M47 oil exploration block (C3 and C4 licences) in the Cudi-Gabar petroleum province of southeastern Türkiye.
The original press release is available on stockhouse.com
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