Endeavour Announces Intention to Refinance Revolving Credit Facility and Reimbursement Agreements

Jan 06, 2014, 17:15 ET from Endeavour International Corporation

HOUSTON, Jan. 6, 2014 /PRNewswire/ -- Endeavour International Corporation (NYSE: END) (LSE: ENDV) today announced that it intends to refinance its existing revolving credit facility and two reimbursement agreements with new credit facilities.

The Company is in discussion with prospective lenders regarding the new facilities. Terms will be disclosed upon the completion of the refinancing. However, there can be no assurance that new credit facilities will be put into place. Credit Suisse has been engaged to assist the Company with the marketing process. 

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.

Endeavour International Corporation is an international oil and gas exploration and production company focused on the acquisition, exploration and development of energy reserves in the North Sea and United States.  For more information, visit www.endeavourcorp.com.

SOURCE Endeavour International Corporation