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Dune Energy, Inc. (DNE), an independent exploration and development company incorporated in Delaware, has operations focused along the Louisiana and Texas Gulf Coasts. Dune’s strategy is to grow organically through low-risk exploitation and development and higher risk exploration of its existing properties and acreage. This will be supplemented with opportunistic acquisition of underdeveloped properties that complement Dune’s existing portfolio. The oil and gas exploration and production independent has leases on 100,000 gross acres across 23 producing oil and natural gas fields along the Texas and Louisiana Gulf Coast. In 2008 Dune Energy reported proved reserves of 8.2 million barrels of oil and 83.8 billion cu. ft. of natural gas. Dune Energy, Inc. has a more than two-year current drilling inventory for its properties along the Gulf Coast. Swiss bank UBS owns 35% of the company; Russian gas company ITERA's Tierra Holdings BV unit, 33%.

Eden Energy is an exploration-stage oil and gas company with assets in Colorado, Nevada, and Alberta. Eden Energy Corp. primary focus is the Ant Hill Unit on the eastern flank of the White River Dome field in the Piceance Basin, Colorado. (Ant Hill is a 20,000-acre federal lease operated by EnCana Oil & Gas (USA) Inc.) Eden Energy drills wells outside EnCana's operating areas. In 2008 Eden Energy Corp. had four operating wells with proved reserves of 5.5 billion cu. ft. of natural gas equivalent. Eden Energy Corp. also has exploratory projects in the Noah and Cherry Creek projects in Nevada, and the Chinchaga project in Alberta.

EGPI Firecreek Inc., is focused on oil and gas production with an emphasis on acquiring existing oil fields with proven reserves and upside potential. EGPI Firecreek, Inc. specializes in the rehabilitation of potentially high throughput oilfields, resource properties and inventories. EGPI Firecreek has refocused on US oil and gas activities. EGPI Firecreek, Inc. produces and sells oil and natural gas from wells in Sweetwater County, Wyoming, and Knox County, Texas. EGPI Firecreek, Inc. had a strategic alliance with Sahara Group, an oil and gas concern with expertise in Eastern Europe, North Africa, Russia, Turkey, and Ukraine, but wound this down in 2008. In 2009 in a diversification move, EGPI Firecreek subsidiary Asian Ventures Corp. acquired M3 Lighting as EGPI Firecreek, Inc. expanded into light and traffic fixture manufacturing.

Ellora Energy was founded in 1995. Ellora Energy is an independent oil and gas company engaged in the acquisition, exploration, development and production of low risk onshore domestic oil and gas properties. The firm owns properties in the Haynesville Play and other assets in East Texas (including adjacent property in western Louisiana), and in Kansas (the Hugoton field). Ellora Energy Inc. has built up a land base of 910,000 gross acres with about 1,060 identified drilling locations. In 2008 Ellora Energy reported that Ellora Energy Inc. was operating 426 gross (319 net) producing wells and controlled proved reserves of approximately 194 billion cu. ft. of natural gas equivalent. Investment firm Yorktown Energy Partners owns about 64% of the company.

Emerald Energy is the oil and gas exploration and production company focuses on Colombia, where it has proved and probable reserves of 13.8 million barrels of oil equivalent. Emerald Energy was awarded a contract to drill its first well in the Campo Rico oil field in 2004, and Emerald Energy Plc has since expanded its operations in Colombia. Emerald Energy also has a 50% stake in an oilfield in Syria; Gulfsands Petroleum Syria holds the remaining 50% interest. In 2009 Chinese giant Sinochem, trying to gain further access to the South American and Middle Eastern markets, moved to buy Emerald Energy for about $875 million.

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