HOUSTON - Endeavour International Corporation (NYSE-Alt: END) (LSE: ENDV) today
reported net income to common stockholders for 2008 increased to US$45.7
million or US$0.32 per diluted share as compared to a loss of US$60.3 million
or US$0.49 per diluted share in 2007. Revenues in 2008 increased more than 47
percent to US$260.4 million from US$176.1 million in 2007. The company
reported adjusted earnings before interest, taxes, depreciation and
amortization (EBITDA) of US$176.5 million from US$124.1 million in 2007.
Discretionary cash flow for the year was US$120.8 million.
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