HOUSTON, Feb. 25, 2014 /PRNewswire/ -- Endeavour
International Corporation (the "Company") (NYSE: END) (LSE:
ENDV) released the following statement in response to the notice by
Talisman Group Investments, L.L.C. and certain of its affiliates
(collectively, "Talisman") of their intent to nominate two
candidates for election to the board of directors of the Company at
the 2014 annual meeting:
"We value the opinions of all of our stockholders and our
nominating committee will carefully review Talisman's candidates
for election to the board of directors. The board of
directors of the Company will be in communication with stockholders
in connection with our proxy statement and the 2014 annual meeting
and will make recommendations regarding the election of directors
for their consideration," said William L.
Transier, chairman, chief executive officer and
president.
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.
Important Additional Information
The Company, its directors and certain of its executive officers
may be deemed to be participants in the solicitation of proxies
from the Company's shareholders in connection with the matters to
be considered at the Company's upcoming annual meeting. The
Company intends to file a proxy statement and proxy card with the
U.S. Securities and Exchange Commission (the "SEC") in connection
with any such solicitation of proxies from the Company's
shareholders. SHAREHOLDERS OF THE COMPANY ARE STRONGLY
ENCOURAGED TO READ SUCH PROXY STATEMENT, ACCOMPANYING PROXY CARD
AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT
INFORMATION. Shareholders will be able to obtain any
proxy statement, any amendments or supplements to the proxy
statement and other documents filed by the Company with the SEC at
no charge at the SEC's website at www.sec.gov. Copies will
also be available at no charge at the Company's website at
www.endeavourcorp.com in the section "Investor Relations."
The directors and officers in the Company's 2014 Proxy
Statement, yet to be issued, are William L.
Transier, Chairman, Chief Executive Officer and President;
John N. Seitz, Vice Chairman;
John B. Connally III, Director;
Sheldon R. Erikson, Director;
Charles J. Hue Williams, Director;
Nancy K. Quinn, Director;
James J. Emme, Executive Vice
President, North America;
Catherine Stubbs, Chief Financial
Officer and Senior Vice President; and Derek A. Nielson, Managing Director, U.K.
Operations. As of the date of this filing, Mr. Transier
beneficially owned 1,287,135 shares of common stock of the Company
("Common Stock"), which includes direct ownership of 1,200,186
shares and 86,949 shares underlying certain options exercisable
within 60 days hereof. As of the date of this filing, Mr.
Seitz beneficially owned 1,162,379 shares of Common Stock. As
of the date of this filing, Mr. Erikson beneficially owned 115,014
shares of Common Stock. As of the date of this filing, Mr.
Hue Williams beneficially owned
131,162 shares of Common Stock. As of the date of this
filing, Ms. Quinn beneficially owned 249,251 shares of Common
Stock. As of the date of this filing, Mr. Emme beneficially
owned 238,433 shares of Common Stock. As of the date of this
filing, Ms. Stubbs beneficially owned 142,428 shares of Common
Stock, which includes direct ownership of 139,395 shares and 3,033
shares underlying certain options exercisable within 60 days
hereof. As of the date of this filing, Mr. Nielson
beneficially owned 60,406 shares of Common Stock, which includes
direct ownership of 55,326 shares and 5,080 shares underlying
certain options exercisable within 60 days hereof.
SOURCE Endeavour International Corporation