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ENDV Announces Chapter 11 Acceleration & CEO Resignation

14 Nov 2014 07:00

ENDEAVOUR INTERNATIONAL CORP - ENDV Announces Chapter 11 Acceleration & CEO Resignation

ENDEAVOUR INTERNATIONAL CORP - ENDV Announces Chapter 11 Acceleration & CEO Resignation

PR Newswire

London, November 14

Endeavour Announces Accelerated Schedule for Chapter 11 Court Hearings and Resignation of William L. Transier as President and Chief Executive Officer HOUSTON, Nov. 13, 2014 -- Endeavour International Corporation (OTC: ENDRQ) (LSE: ENDV) todayannounced an accelerated timetable for its Chapter 11 proceedings. The Company anticipates scheduling thefollowing hearing dates with the United States Bankruptcy Court for the District of Delaware: * A hearing to be held on December 17, 2014, for the purpose of obtaining the Bankruptcy Court's approval of the Disclosure Statement to be filed by the Company in connection with the Company's proposed Plan of Reorganization (the "Plan") (each of which will be filed by the Company consistent with the terms of the Restructuring Support Agreement previously announced by the Company). * A hearing to be held on February 3, 2015, for the purpose of obtaining confirmation by the Bankruptcy Court of the Plan. The Company also announced that William L. Transier requested that the Board of Directors accept hisresignation as President and Chief Executive Officer of the Company, effective December 1, 2014, which requestwas accepted. Mr. Transier will continue as Chairman of the Board of the Company. About Endeavour International Corporation Endeavour International Corporation is an oil and gas exploration and production company focused on theacquisition, exploration and development of oil and natural gas in the North Sea and the United States. For moreinformation, visit www.endeavourcorp.com. SOURCE Endeavour International Corporation

CONTACT: Endeavour - Investor Relations, Darcey Matthews, 713-307-8711

Date   Source Headline
12th Mar 20087:00 amPRNFinal Results
5th Mar 20087:00 amPRNEndeavour Announces Increase in Year-end Reserves
4th Mar 20087:00 amPRNNotice of Results
12th Feb 20082:30 pmPRNEndeavour Awarded Norwegian Exploratory Blocks
29th Jan 20087:30 amPRNFinancial Transactions.
28th Jan 20082:30 pmPRNIssue of Debt
11th Jan 20086:25 pmPRNDoc re 8-K Filing with SEC
27th Dec 20074:26 pmPRNStatement re Aegis Well Agreement
27th Dec 20077:00 amPRNIssue of Debt
19th Dec 200711:00 amPRNStatement Re: Capital Expenditure Budget
18th Dec 20077:00 amPRNStatement re Endeavour's listing on the LSE

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