ENDV Endeavour International Corporation

 
TIDMENDV 
 
Endeavour Announces Closing of Private Placement Offering 
 
HOUSTON, Feb. 24, 2012 -- Endeavour International Corporation (NYSE: 
END) (LSE: ENDV) today announced the closing of its previously announced 
private placement of $350 million aggregate principal amount of 12% 
first priority notes due 2018 (the "First Priority Notes") and $150 
million aggregate principal amount of 12% second priority notes due 2018 
(the "Second Priority Notes," and, together with the First Priority 
Notes, the "2018 Notes"). The Company intends to use the net proceeds 
from the offering to fund its previously announced acquisition of 
interests in three oil fields in the United Kingdom North Sea, to repay 
all amounts outstanding under its Senior Term Loan due 2013 and for 
general corporate purposes. 
 
This press release is neither an offer to sell nor the solicitation of 
an offer to buy the 2018 Notes or any other securities. The 2018 Notes 
were offered to qualified institutional buyers in reliance on Rule 144A 
under the Securities Act of 1933 (the "Securities Act") and outside the 
United States in reliance on Regulation S under the Securities Act. The 
notes have not been registered under the Securities Act and may not be 
offered or sold in the United States without registration or an 
applicable exemption from registration requirements. 
 
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 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. 
 
SOURCE  Endeavour International Corporation 
 
CONTACT: Endeavour - Investor Relations, Mike Kirksey, +1-713-307-8700, 
or Darcey Matthews, +1-713-807-8711 
 
 
 
 
 
END 
 

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