Endeavour International Corporation Company News

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Endeavour Energy UK Being Acquired by New North Sea Focused E&P
Tuesday, October 22, 2019Waldorf Production Limited, a newly formed private oil and gas company based in Manchester, has announced it is acquiring Endeavour Energy UK Limited for an undisclosed sum.

Endeavour Halts Drilling Ops at East Rochelle
Thursday, February 14, 2013Drilling operations have been suspended at the East Rochelle well due to results found in a routine inspection.

Endeavour: Transocean Semisub Mobilized to Rochelle Field
Monday, January 07, 2013Endeavour announces that the Transocean Prospect has been mobilized to the Rochelle field to complete the drilling of the East Rochelle development well in the UK Central North Sea.

Endeavour CFO Resigns
Monday, October 29, 2012Endeavour International Corporation announces that J. Michael Kirksey has submitted his resignation effective immediately.

Endeavour Eyes First Oil at Bacchus
Monday, April 30, 2012Endeavour International Corporation announces production from the first development well on the Bacchus Field located in Block 22/06a in the U.K. Central North Sea.

Endeavour International to Offer $500M in Senior Notes
Tuesday, January 31, 2012Endeavour International Corporation announced that it intends to offer $500 million in aggregate principal amount of senior notes.

SM Energy Disputes Endeavour Termination of Sale
Thursday, December 15, 2011SM Energy on Wednesday said it would pursue legal action in response to Endeavor International's termination of its acquisition of Marcellus Shale assets from SM Energy.

Endeavour to Commence Drilling at Greater Rochelle in 2012
Wednesday, November 02, 2011For the Greater Rochelle development, Endeavour has contracted for a drilling rig which is expected to arrive in the spring of 2012 to commence drilling of the two planned production wells.

Endeavour Makes Headway in US, UK in 2Q11
Wednesday, August 03, 2011"During the second quarter financial results were as expected, while we made substantive progress on our U.K. development projects and our U.S. Haynesville unconventional gas play," said William L. Transier.

Technip Secures Contract for E. Rochelle Development
Monday, June 27, 2011Endeavour awarded Technip an EPCI lump sum contract for the East Rochelle development in the United Kingdom North Sea.

Endeavour Briefs Rochelle Deal
Monday, April 18, 2011Endeavour announced agreement of commercial terms for the processing and transportation of East Rochelle production on the Scott Platform, in the Central North Sea.

Endeavour Redeems 6% of Senior Notes
Monday, April 04, 2011Endeavour announced that it is redeeming all of its outstanding $81.25 million of 6% Senior Notes.

Endeavour Gets Green Light for Rochelle Field Development
Monday, February 28, 2011Endeavour announced the UK DECC has approved the Rochelle Field Development Plan for Block 15/27 in the Central North Sea, now known as East Rochelle.

Endeavour Finalizes Interest Acquisition in Bacchus Field
Thursday, February 24, 2011Endeavour has received all the approvals necessary to finalize the acquisition of an additional 20% working interest in the Bacchus field in the North Sea from Shell.

Endeavour to Acquire Additional Interest in UK Bacchus Development
Tuesday, November 23, 2010Endeavour has signed a definitive agreement to acquire an additional 20% working interest in the North Sea Bacchus development.

Nexen Hits Oil Pay in North Sea
Thursday, October 28, 2010Nexen has made a successful O&G discovery in the West Rochelle area and is now sidetracking the well to further delineate the discovery.

Endeavour Finalizes Sale of Cygnus Asset
Tuesday, October 19, 2010Endeavour has closed on the sale of its Cygnus asset to Bayerngas.

Endeavour Mourns Loss of Board Member
Tuesday, October 12, 2010Endeavour announced that Thomas D. Clark, Jr., a member of the board of directors, died on October 9, 2010.

Endeavour Names New VP of Finance
Tuesday, September 28, 2010Endeavour announced that Cathy L. Stubbs has been promoted to senior vice president of finance.

Endeavour Executive to Retire
Wednesday, September 22, 2010Endeavour announced that John G. Williams, executive vice president - exploration, will retire effective September 30, 2010.

Endeavour Welcomes New Director of Investor Relations
Wednesday, September 01, 2010Endeavour announced that K. Darcey Matthews has joined Endeavour as its new Director of Investor Relations and Corporate Communications.

Cygnus Confirms Largest Ever Discovered UK Sector of North Sea
Wednesday, July 07, 2010Endeavour announced that a sixth appraisal well has been successfully drilled and tested in Cygnus further confirming the field as one of the largest ever discovered in the UK sector of the Southern North Sea.

Endeavour Gets Green Light for Bacchus Field Development
Wednesday, June 30, 2010Endeavour announced that the United Kingdom Department of Energy and Climate Control (DECC) has approved plans for the development of the Bacchus oil field.

Endeavour Reports Test Results from US Shale Plays
Monday, June 21, 2010Endeavour announced that its drilling program in the US is recording encouraging test results from joint-interest wells in the Haynesville, Cotton Valley and Marcellus gas plays.

Endeavour Expands Operations Management Team in US
Wednesday, June 16, 2010Endeavour International has expanded its operations management team in the United States.

Endeavour Reports 1Q Financial, Operational Results
Thursday, May 06, 2010Endeavour reported operational and financial results for the first quarter of 2010.

Cygnus Shines Brighter in UK North Sea
Thursday, April 15, 2010Preliminary estimates of Cygnus' reserves and prospective resources could potentially be as high as 2 trillion cubic feet of gas based on the results of a successful appraisal well.

Endeavor to Review Alternatives for North Sea Assets
Monday, March 15, 2010Endeavour International Corporation announced that its board of directors has approved a review of strategic alternatives for its North Sea assets.

Endeavour Highlights 4Q and Full Year '09 Results
Tuesday, March 09, 2010Endeavour reported discretionary cash flow for the fourth quarter of 2009 of $21.4 million compared to $15.7 million in the fourth quarter of 2008.

Endeavour's VP - Business Devt, New Ventures to Retire
Friday, February 19, 2010Endeavour announced that Bruce H. Stover, executive vice president - business development and new ventures, will retire effective March 1, 2010.

Endeavour Boosts Reserves by 49%
Tuesday, February 16, 2010Endeavour announced a 49 percent increase in proved and probable reserves as of December 31, 2009.

Endeavour Elects Sheldon R. Erikson to Board
Wednesday, February 10, 2010Endeavour announced that Sheldon R. Erikson has been appointed to a position on the company's board of directors.

Endeavour Closes Lending Facility with Bank of Scotland
Monday, February 08, 2010Endeavour has closed a new $25 million lending facility with Bank of Scotland PLC.

Endeavour Raises Funds for 2010 Capex
Friday, February 05, 2010Endeavour has entered into and closed a definitive agreement for the private placement of approximately 23.5 million newly-issued shares of common stock.

Endeavour Taps New Executive VP, North America
Wednesday, January 20, 2010Endeavour announced that James J. Emme has been named executive vice president - North America to lead the company's expanding asset base and activities in the United States.

Endeavour Enhances Portfolio with US Shale Plays
Wednesday, January 06, 2010Endeavour has acquired significant positions in four highly prospective US resource plays.

Endeavour Acquires Additional U.S. Production
Friday, October 30, 2009Endeavour has acquired 50% of the working interest in 24 wells located in five fields and certain proved undeveloped locations associated with the proved developed assets in North Louisiana and East Texas for $15 million.

Endeavour Abandons Maureen Appraisal in UK North Sea
Wednesday, August 26, 2009Endeavour reported that the Maureen appraisal well located in Block 16/29a in the United Kingdom Central North Sea has been plugged and abandoned after failing to encounter commercial quantities of hydrocarbons.

Endeavour Posts 2Q 2009 Financial, Operating Results
Tuesday, August 04, 2009Endeavour has reported discretionary cash flow for the second quarter of 2009 of $19.0 million and net income, as adjusted, of $38.5 million.

Endeavour Moves on from Telsa Exploration Well in UK North Sea
Tuesday, June 30, 2009Endeavour announced that the Tesla exploratory well 22/24c-11 in the United Kingdom Central North Sea has been plugged and abandoned after failing to encounter gas condensate in commercial quantity.

Endeavour Closes Sale of Norwegian Subsidiary for $150MM
Thursday, May 14, 2009Endeavour has closed the sale of its Norwegian subsidiary, Endeavour Energy Norge AS, to VNG- Verbundnetz Gas AG, for the total consideration of $150 million.

Endeavour Files Q1 Financial Results, Cites Best Ever Drilling Results
Friday, May 01, 2009"The first quarter of 2009 was the best in our history for drilling results and of strategic importance for the company," said William L. Transier, Endeavour's chairman, CEO and president.

Endeavour Divests Norwegian Subsidiary
Thursday, April 02, 2009Endeavour has signed a definitive agreement to divest its Norwegian subsidiary, Endeavour Energy Norge AS to Verbundnetz Gas for $150 million.

Endeavour Reports Financial, Operational Results
Thursday, March 12, 2009Endeavour International Corporation reported net income to common stockholders for 2008 increased to $45.7 million or $0.32 per diluted share as compared to a loss of $60.3 million or $0.49 per diluted share in 2007.

Endeavour Tests Positive Flow Rate at Rochelle, Could Double Production
Thursday, January 29, 2009Endeavour has announced that drill stem testing of the Rochelle appraisal well 15/27-11 has achieved flow rates of 41 million cubic feet of gas per day and 2,300 barrels of oil condensate per day from a 72/64-inch fixed choke.

Endeavour Successfully Appraises Rochelle Discovery in UK North Sea
Wednesday, January 21, 2009With a successful appraisal well, field development on Rochelle is imminent and solutions are currently being evaluated.

Endeavour Kicks Off Onshore US Exploration Campaign
Friday, January 09, 2009Endeavour announced that the first exploration well of a new onshore exploration program focused in South Texas has resulted in a commercial discovery and the company's first production in the United States.

Endeavour Appoints New Board Member
Tuesday, November 25, 2008Endeavour has announced that Leiv L. Nergaard has been appointed to a position on the company's board of directors.

Low Oil Prices, Credit Woes Could Spell Trouble for UK North Sea
Friday, November 14, 2008Even though the combination of falling oil prices and the credit crunch spells trouble for oil and gas production in the U.K. North Sea, it is not a "doomsday scenario" for the region, which still offers plenty of investment opportunities.

Endeavour Int'l Increases Revenues by 50%
Tuesday, November 04, 2008Endeavour has reported that its revenues increased more than 50% to $71.5 million during the third quarter of 2008 reflecting sales volumes of 8,500 barrels of oil equivalent per day.