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Filing Details

Accession Number:: 0001209191-12-028671
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-05-16 19:46:51
Reporting Period:: 2012-05-15

Filing Date:: 2012-05-16
Accepted Time:: 2012-05-16 18:46:51
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1092839	Dune Energy Inc	DUNR	Oil & Gas Field Services, Nec (1389)	954737507

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1540859	Bluemountain Gp Holdings, Llc	280 Park Avenue 5Th Floor East New York NY 10017	No	No	Yes	No
1543689	Humphreys Peak, Llc	280 Park Avenue 5Th Floor East New York NY 10017	No	No	Yes	No
1546863	Bluemountain Long/Short Credit & Distressed Reflection Fund, A Sub Fund Of Aai Bluemountain Fund Plc	280 Park Avenue 5Th Floor East New York NY 10017	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-05-15	4,907	$2.97	124,782	No	4	P	Direct
Common Stock	Acquisiton	2012-05-15	5,093	$3.00	129,875	No	4	P	Direct
Common Stock	Acquisiton	2012-05-15	4,907	$2.97	8,197,545	No	4	P	Indirect	See Explanations and Responses
Common Stock	Acquisiton	2012-05-15	5,093	$3.00	8,202,638	No	4	P	Indirect	See Explanations and Responses
Common Stock	Acquisiton	2012-05-16	1,400	$2.95	131,275	No	4	P	Direct
Common Stock	Acquisiton	2012-05-16	1,400	$2.95	8,204,038	No	4	P	Indirect	See Explanations and Responses

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct
No	4	P	Indirect	See Explanations and Responses
No	4	P	Indirect	See Explanations and Responses
No	4	P	Direct
No	4	P	Indirect	See Explanations and Responses

Footnotes

The filing of this Form 4 shall not be construed as an admission that BlueMountain Capital Management, LLC ("BMCM"), GP Holdings (as defined in footnote 6 below) or any of the General Partners (as defined in Footnote 4 below) is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any of the shares of Common Stock, par value $0.001 per share (the "Common Stock") of Dune Energy Inc. (the "Issuer"). Pursuant to Rule 16a-1(a)(4) of the Exchange Act, BMCM, GP Holdings and the General Partners disclaim such beneficial ownership, except to the extent of their pecuniary interest
BMCM is the investment manager of each of (i) Blue Mountain Credit Alternatives Master Fund L.P. ("BMCA"), which directly owns 1,896,955 shares of Common Stock (the "BMCA Shares"), (ii) BlueMountain Long/Short Credit Master Fund L.P. ("Long/Short Credit") which directly owns 1,851,179 shares of Common Stock (the "Long/Short Credit Shares"), (iii) BlueMountain Distressed Master Fund L.P. ("Distressed"), which directly owns 1,635,838 shares of Common Stock (the "Distressed Shares"), (iv) BlueMountain Strategic Credit Master Fund L.P. ("Strategic Credit"), which directly owns 252,612 shares of Common Stock (the "Strategic Credit Shares"), (cont'd in Footnote 3)
(v) BlueMountain Timberline Ltd. ("Timberline"), which directly owns 1,673,786 shares of Common Stock (the "Timberline Shares"); (vi) Humphreys Peak, LLC ("Humphreys"), which directly owns 762,393 shares of Common Stock (the "Humphreys Shares") and (vii) BlueMountain Long/Short Credit & Distressed Reflection Fund, a sub fund of AAI BlueMountain Fund PLC ("AAI" and together with BMCA, Long/Short Credit, Distressed, Strategic Credit, Timberline and Humphrey's, the "BlueMountain Funds") which directly owns 119,875 shares of Common Stock. The shareholding information set forth in Footnote 2 and this Footnote 3 is as of 05/14/2012.
BMCM, although it directs the voting and disposition of the shares held by the BlueMountain Funds, only receives an asset-based fee relating to such shares of Common Stock
(i) Blue Mountain CA Master Fund GP, Ltd. ("BMCA GP") is the general partner of BMCA and has an indirect profits interest in the BMCA Shares owned by BMCA; (ii) BlueMountain Long/Short Credit GP, LLC ("Long/Short Credit GP") is the general partner of Long/Short Credit and has an indirect profits interest in the Long/Short Credit Shares owned by Long/Short Credit; (iii) BlueMountain Distressed GP, LLC ("Distressed GP") is the general partner of Distressed and has an indirect profits interest in the Distressed Shares owned by Distressed; (iv) BlueMountain Strategic Credit GP, LLC ("Strategic Credit GP" and together with BMCA GP, Long/Short Credit GP and Distressed GP, the "General Partners") is the general partner of Strategic Credit and has an indirect profits interest in the Strategic Credit Shares owned by Strategic Credit
BlueMountain GP Holdings, LLC ("GP Holdings") is the ultimate general partner of each of BMCA, Long/Short Credit, Distressed and Strategic Credit (the "Partnerships") and is the special member of Humphreys and has an indirect profits interest in the Common Stock owned by each of the Partnerships and Humphreys
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16(a)-3(j) under the Exchange Act. The Form 4 for BMCM, the General Partners and the BlueMountain Funds is being filed separately and simulaneously with this Form 4 due to the limitation of ten Reporting Persons per each filing.
On May 15, 2012 AAI purchased an additional 10,000 shares of Common Stock
On May 16, 2012 AAI purchased an additional 1,400 shares of Common Stock