Attached files
file | filename |
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8-K - FORM 8-K - ENDEAVOUR INTERNATIONAL CORP | h69616e8vk.htm |
EX-10.1 - EX-10.1 - ENDEAVOUR INTERNATIONAL CORP | h69616exv10w1.htm |
EX-10.2 - EX-10.2 - ENDEAVOUR INTERNATIONAL CORP | h69616exv10w2.htm |
Exhibit 99.1

For immediate release
Endeavour Announces Successful Completion
of Private Placement
of Private Placement
Houston, February 5, 2010 Endeavour International Corporation (NYSE-Amex: END) (LSE:
ENDV) announced today that it 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 Endeavours 2010 capital budget.
The shares offered in the private placement have not been registered under the Securities Act of
1933 or any state securities laws, and unless so registered, the shares may not be offered or sold
in the United States except pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act of 1933 and applicable state securities laws.
This press release is being issued pursuant to Rule 135c under the Securities Act of 1933 and is
neither an offer to sell nor a solicitation of an offer to buy the shares or any other securities
and shall not constitute an offer to buy, or a sale of, the shares or any other securities in any
jurisdiction in which such offer, solicitation or sale is unlawful.
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 and are
subject to assumptions and estimates that Endeavours management believes are reasonable based on
currently available information. Actual results or events may vary materially. Any number of
factors could cause actual results to differ materially from those in the forward-looking
statements, including, but not limited to, the discovery, estimation, development and replacement
of oil and gas reserves; timing and amount of future production of oil and gas; the volatility of
oil and gas prices; our future operating or financial results; and the availability and terms of
capital. Further information on risks and uncertainties is available in Endeavours filings with
the SEC, which are incorporated herein by reference.
For further information:
Endeavour Investor Relations
Mike Kirksey | +44 (0) 207 451 2364 713-307-8788 |
Canaccord Adams UK Broker
Jeffrey Auld | + 44 (0) 207 050 6500 |
Pelham Public Relations UK Media
Philip Dennis | +44 (0) 207 743 6363 |
Henry Lerwill | +44 (0) 203 178 6242 |