|Exchange:||New York Stock Exchange|
|Stock:||Endeavour International Corp|
|Industry:||Oil & Gas E&P|
|Endeavour International Corp was incorporated under the laws of the state of Nevada on January 13, 2000. The Company is an independent oil and gas company engaged in the production, exploration, development and acquisition of crude oil and natural gas in the U.K. North Sea and U.S. onshore. Its U.K. operations are engaged in development projects and acquisition, while U.S. operations are primarily related to strategic positioning and proof-of-concept in Marcellus and Niobrara. It has producing and exploration acreage in U.S. onshore unconventional oil and gas shale developments. The Company’s operations are organized into two main geographic regions: the U.K. North Sea and U.S. onshore. As of December 31, 2013, its estimated proved reserves were 23.5 MMBOE, of which approximately 92% were located in the U.K. and approximately 8% were located in the U.S. in the North Sea, the Company has three fields - Alba, Bacchus and Rochelle. Alba is a mature oil field and activity has involved infill drilling and operational activities. Rochelle is primarily a liquids-rich gas field. The Bacchus field is an oil field that began production in May 2012, reached payout after 15 months and completed its development operations during 2013. In US onshore, the Company is engaged in onshore unconventional oil and gas developments. Its U.S. activity has reserve and production growth in proven shale gas plays, including the Louisiana Haynesville and Pennsylvania Marcellus areas. The Company’s competitors include major integrated oil and gas companies, numerous independent oil and gas companies and individuals.|
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