ENDV Endeavour International Corporation

 
TIDMENDV 
 
Endeavour Names Management Team for U.S. Operations 
 
    HOUSTON, June 16 -- Endeavour International Corporation (NYSE-Amex: END) 
(LSE: ENDV) has expanded its operations management team in the United States 
to oversee its growing asset base and activities in shale resource plays. 
The leadership group will be based in a newly established technical and 
commercial office located in Denver, Colorado. 
 
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    Chandler (Chip) A. Oakes has joined the company as vice president of 
geosciences; Eric Kolstad will serve as vice president of operations; and 
David K. Davenport has been named vice president of land. The three 
individuals will report to James J. Emme, executive vice president - North 
America, who assumed his position earlier this year. 
 
    "We are excited about the caliber of talent that will be leading our 
initiative in unconventional hydrocarbon exploration and development," said 
William L. Transier, chairman, chief executive officer and president. "This 
group collectively has vast technical and leadership experience in this new 
focus area that will accelerate our strategic move to onshore United States." 
 
    "Endeavour is looking forward to being part of the Denver business 
community which is an industry center for activities related to shale 
resource play development," said Emme. "Our new downtown location will serve 
as the hub for operations associated with our expansion into these highly 
prospective areas." 
 
    Oakes has 28 years of industry experience with Forest Oil Corporation, 
Oryx Energy Company and Sun Exploration and Production. Most recently, he 
served as managing director for new ventures for Forest Oil where he 
established a new operations group to facilitate entry into unconventional 
plays. He previously held a variety of international and domestic exploration 
management assignments with Oryx and Sun. He has a bachelor of arts in 
geology from Middlebury College and masters in geology from the University of 
Texas. 
 
    Kolstad has an extensive engineering background in all aspects of 
drilling, completions and production operations. He has specific expertise in 
both vertical and horizontal drilling and hydraulic fracture stimulation of 
unconventional reservoirs. Previously, he was vice president of western 
operations for New Tech Engineering LP where he was responsible for managing 
the company's Rocky Mountains business. He began his career with Texaco 
Exploration and Production as a field production engineer in the Green River 
Basin. He worked in a variety of technical and management roles at Union 
Pacific Resources, Anadarko Petroleum, Williams Production RMT Company and 
Newfield Exploration Company. He is a registered petroleum engineer with a 
bachelor of science from Colorado School of Mines. 
 
    Davenport has experience in acquiring large leasehold positions and 
negotiating significant joint ventures in major shale and resource plays 
across the U.S. Prior to joining Endeavour, he was vice president, land and 
business development for Exco Resources (PA), Inc. overseeing their 
Appalachian Marcellus play. He has performed similar duties in the Rocky 
Mountains with Orion Energy Partners, Elk Resources, Inc., Encana Oil & Gas 
Inc. and Tom Brown, Inc. He began his career with Marathon Oil Company where 
he held various roles of increasing responsibility in land management. He 
holds a bachelor of science in business from the University of Colorado. 
 
    Emme spent 23 years with Anadarko Petroleum Corporation where he served 
as worldwide vice president of exploration and business development and 
headed the company's Canadian operations. He most recently served as senior 
vice president of exploration for Max Petroleum and was president and chief 
operating officer for Elk Resources. 
 
    Endeavour International Corporation is an oil and gas exploration and 
production company focused on the acquisition, exploration and development of 
energy reserves in the North Sea and the United States. For more information, 
visit http://www.endeavourcorp.com. 
 
    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. Such statements are subject to 
assumptions, risk and uncertainty. Actual results or events may vary 
materially. The estimates of recoverable resources per well and completed 
well costs included herein are based upon other typical results in these 
shale plays and may not be indicative of actual results. 
 
    SOURCE Endeavour International Corporation 
 
    CONTACT: Investor Relations, Mike Kirksey, +44 (0) 207 451 2364, 
+1-713-307-8788; or UK Media, Philip Dennis, +44 (0)20 7337 1516, or Henry 
Lerwill, +44 (0)20 7337 1526, both of Pelham Bell Pottinger 
 
 
 
 
 
END 
 

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