Endeavour Resources Completes Private Placement

Endeavour Resources Inc. has completed a private placement for 825,000 flow-through common shares at a price of $0.20 each for total proceeds to the Company of $165,000. The proceeds will be used in the Sturgeon Lake and Namaka areas of Alberta.

Endeavour is a Calgary based oil and gas company actively engaged in the exploration and development of oil and natural gas in Western Canada and Southern United States. Endeavour is listed on the Canadian Venture Exchange (CDNX) and trades under the symbol "ERU".