Houston-based Dune Energy Inc.'s (Amex: DNE) planned acquisition of 95% of Voyager Partners Ltd.'s interest in producing and nonproducing oil and gas properties in the Barnett Shale play in the North Texas Fort Worth Basin for $56 million has been increased to $68.3 million due to higher allocated values for certain properties as well as the substitution of new properties for properties that are no longer part of the acquisition. Voyager has also assigned to Dune a contract to purchase properties in Denton County, Texas, from a third party for approximately $5 million. Dune expects to close this purchase by mid-November. Dune has received a written commitment from Standard Bank Plc for up to $50 million. The remainder of the purchase price, together with additional funds to support the company's intended drilling program, will be raised through Dune's issuance of a combination of subordinated debt and equity. It is estimated that 100 drilling locations exist on the acquired properties with approximately 27 billion cubic feet of gas equivalent of net proved reserves. Dune Operating Co., a wholly owned subsidiary of Dune Energy, will be operator. Voyager will retain a 5% working interest, and an affiliate of Voyager will operate for Dune on a contract basis after the closing. This acquisition is expected to provide Dune with substantial cash flow, the establishment of a third core area of operations and a substantial multi-year inventory of drilling locations. This acquisition will occur as a rolling purchase in three tranches. The closing of each tranche is expected to occur between mid-December and the end of February.