Endeavour Announces Full Redemption of 6% Senior Notes Due 2012
April 04 2011 - 2:00AM
PR Newswire (US)
HOUSTON, April 4, 2011 /PRNewswire/ -- Endeavour
International Corporation (NYSE: END) (LSE: ENDV) today announced
that it is redeeming all of its outstanding $81.25 million of 6% Senior Notes due 2012 (the
"Notes") with a portion of the proceeds from its recently completed
offering of common stock. The redemption will be made in accordance
with the terms of the indenture governing the Notes.
Endeavour expects to redeem the Notes on or about April 20, 2011 (the "Redemption Date") at a
redemption price of 100% of their principal amount, plus accrued
and unpaid interest to the Redemption Date.
Endeavour International Corporation is an international oil and
gas exploration and production company focused on the acquisition,
exploration and development of energy reserves in the North Sea and
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 of as of the date made. Such
statements are subject to assumptions, risk and uncertainty. Actual
results or events may vary materially.
Copyright 2011 PR Newswire
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