Endeavour Announces Intention to Refinance Revolving Credit Facility and Reimbursement Agreements
January 06 2014 - 5:22PM
PR Newswire (US)
HOUSTON, Jan. 6, 2014 /PRNewswire/ -- Endeavour
International Corporation (NYSE: END) (LSE: ENDV) today announced
that it intends to refinance its existing revolving credit facility
and two reimbursement agreements with new credit facilities.
The Company is in discussion with prospective lenders regarding
the new facilities. Terms will be disclosed upon the completion of
the refinancing. However, there can be no assurance that new credit
facilities will be put into place. Credit Suisse has been engaged
to assist the Company with the marketing process.
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.
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.
Copyright 2014 PR Newswire
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