ENDV Endeavour International Corporation

 
TIDMENDV 
 
Endeavour Provides Operational Update on the Rochelle Field 
 
HOUSTON, Feb. 7, 2014 -- Endeavour International Corporation (NYSE: END) 
(LSE: ENDV) ("Endeavour" or the "Company") today announced the East 
(E2) and West (W1) development wells at Rochelle, a gas-condensate field in the 
U.K. North Sea, have been fully completed and tied-in to the production 
manifolds. 
 
During the restart of production, a valve was discovered stuck in the 'shut' 
position on the outlet side of the Rochelle production manifold. An attempt to 
open the valve manually was unsuccessful and the operator is in the process of 
securing an intervention vessel to open the valve. As part of the final 
installation and start-up of the E2 well, the W1 well was shut-in earlier this 
year. Weather in the North Sea continues to be a challenge for service vessels 
to perform the work necessary to get Rochelle back on production. This 
unanticipated downtime will negatively affect the Company's daily production 
rates for the first quarter of 2014. 
 
"While the current situation regarding the Rochelle infrastructure is 
frustrating, operating safely within the North Sea environment is paramount. In 
no way does this affect the field's long-term production capacity or reserve 
potential," said William L. Transier, chairman, chief executive officer and 
president. "We are confident that the valve will be repaired and that the 
field's production will resume. As we learn more details regarding the timing 
of this work, we will communicate that information to our investors." 
 
The Rochelle field came on-line in October of 2013. Endeavour has a 44% working 
interest in the Rochelle field located in Blocks 15/26b, 15/26c and 15/27. 
 
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. 
 
SOURCE  Endeavour International Corporation 
 
CONTACT: Endeavour - Investor Relations, Darcey Matthews, 713-307-8711, or 
Pelham Public Relations - UK Media, Philip Dennis, +44 (0)207 861 3919, Henry 
Lerwill, +44 (0)207 861 3169 
 
 
 
END 
 

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