Profile: Endeavour International Corp (END.N)

END.N on New York Stock Exchange

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Endeavour International Corporation (Endeavour), incorporated on January 13, 2000, is an independent oil and gas company engaged in the production, exploration, development and acquisition of crude oil and natural gas in the United Kingdom North Sea and the United States onshore. The Company has three producing fields in the United Kingdom: Alba, Bittern and Enoch. As of December 31, 2010, the Company’s estimated proved reserves were 22.7 million barrels of oil equivalent, of approximately 55% were located in the United Kingdom and approximately 45% were located in the United States, and 23% of which were proved developed reserves. As of December 31, 2011, the three producing fields in the United Kingdom had a combined 2 million barrels of oil equivalent of proved reserves.

The Company’s primary focus in the United States is onshore unconventional oil and gas shale developments targeting reserve and production growth in the Haynesville and Marcellus areas. In the Haynesville area, it has approximately 7,100 net acres, with acreage located in Red River, DeSoto, Bienville and Caddo Parishes in Louisiana and in Harrison and Gregg Counties in Texas. Its Marcellus acreage consists of approximately 18,400 net acres in Pennsylvania located between two of the active parts of the Marcellus play. It also has interests in approximately 94,400 net acres in the emerging Heath shale oil play in Montana.

As of December 31, 2011, the Company held 30% interest in its Bacchus field asset, which is operated by Apache Corporation, who owns a 50% working interest. Bacchus is an oil field with 0.5 million barrels of oil equivalent of estimated net proved reserves as of December 31, 2011. The Rochelle area accounted for 8.2 million barrels of oil equivalent of its proved reserves as of December 31, 2011. The Company has 44% interest in the Rochelle area. The Rochelle area consists of Blocks 15/26b, 15/26c and 15/27. The Company’s the United States assets held were 10.2 million barrels of oil equivalent of proved reserves as of December 31, 2011. As of December 31, 2011, the Grand Cane field, a gas field in the Haynesville area, represented more than 15% of its proved reserves, with 3.8 million barrels of oil equivalent of proved reserves.

Company Address

Endeavour International Corp

Suite 2100, 811 Main Street
HOUSTON   TX   77002
P: +1713.3078700

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