Endeavour Announces Closing of Common Stock Offering and Full Exercise of Over-Allotment Option
HOUSTON, June 18, 2012 /PRNewswire/ -- Endeavour International Corporation (NYSE: END) (LSE: ENDV) today announces the closing of its previously-announced public offering of 8,625,000 shares of its common stock, which includes 1,125,000 shares issued and sold pursuant to the full exercise of the underwriter's over-allotment option. Endeavour intends to use the net proceeds from the offering to fund its current development operations. Any remaining net proceeds will be used for general corporate purposes.
Global Hunter Securities, LLC acted as sole book-running manager for the offering. The offering was made only by means of a prospectus supplement and related base prospectus, copies of which may be obtained from:
Global Hunter Securities, LLC
777 Third Avenue
New York, NY 10017
A shelf registration statement on Form S-3 relating to the above-described securities was previously filed with and declared effective by the Securities and Exchange Commission (the "SEC"). A copy of the prospectus supplement and base prospectus were filed with the SEC and may also be obtained at no charge at the SEC's website at www.sec.gov.
This press release is neither an offer to sell, nor a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Endeavour International Corporation is an independent oil and gas company engaged in the production, exploration, development and acquisition of crude oil and natural gas in the U.S. and the North Sea.
Certain statements in this news release should be regarded as "forward-looking" statements within the meaning of the securities laws. These statements speak only as of the date made. Such statements are subject to assumptions, risk and uncertainty. Actual results or events may vary materially.
Investors are urged to also consider closely the disclosure in our filings with the SEC, available from our website at www.endeavourcorp.com. Endeavour is also subject to the requirements of the London Stock Exchange and considers the disclosures in this release to be appropriate and/or required under the guidelines of that exchange.
SOURCE Endeavour International Corporation
More by this Source
Endeavour Announces 2013 Third Quarter Financial and Operational Results
Nov 06, 2013, 02:00 ET
Endeavour Schedules 2013 Third Quarter Conference Call and Web Cast
Oct 30, 2013, 16:30 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.