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Endeavour Intends to Refinance Credit Revolver

7 Jan 2014 07:00

ENDEAVOUR INTERNATIONAL CORP - Endeavour Intends to Refinance Credit Revolver

ENDEAVOUR INTERNATIONAL CORP - Endeavour Intends to Refinance Credit Revolver

PR Newswire

London, January 6

Endeavour Announces Intention to Refinance Revolving Credit Facility and Reimbursement Agreements HOUSTON, Jan. 7, 2014 -- Endeavour International Corporation (NYSE: END) (LSE: ENDV) today announcedthat it intends to refinance its existing revolving credit facility and two reimbursement agreements with new creditfacilities. The Company is in discussion with prospective lenders regarding the new facilities. Terms will be disclosed uponthe completion of the refinancing. However, there can be no assurance that new credit facilities will be put intoplace. 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 meaningof the securities laws. These statements speak only as of the date made. Such statements are subject toassumptions, risk and uncertainty. Actual results or events may vary materially. Endeavour International Corporation is an international oil and gas exploration and production company focusedon the acquisition, exploration and development of energy reserves in the North Sea and United States. For moreinformation, visit www.endeavourcorp.com. SOURCE Endeavour International Corporation

CONTACT: Endeavour - Investor Relations, Darcey Matthews, 713-807-8711

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