Endeavour Raises Funds for 2010 Capex



Endeavour has entered into and closed a definitive agreement for the private placement of approximately 23.5 million newly-issued shares of common stock at a purchase price of $0.90 per share, for net proceeds of approximately $20.5 million. The net proceeds from this transaction will be used to partially fund Endeavour's 2010 capital budget.

 


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Company: Endeavour International Corporation more info
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