ENDV Endeavour International Corporation

 
TIDMENDV 
 
Endeavour Announces Successful Completion of Private Placement 
 
    HOUSTON, Feb. 5  -- 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 Endeavour's 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 Endeavour's 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 Endeavour's filings with 
the SEC, which are incorporated herein by reference. 
 
SOURCE  Endeavour International Corporation 
 
    CONTACT:  Investor Relations, Mike Kirksey of Endeavour, +44 (0) 207 451 2364, or 
+1-713-307-8788; or Jeffrey Auld of Canaccord Adams - UK Broker, + 44 (0) 207 050 6500; 
or UK Media, Philip Dennis, +44 (0) 207 743 6363, or Henry Lerwill, +44 (0) 203 178 6242, 
both of Pelham Public Relations 
 
 
 
 
 
END 
 

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