Endeavour Announces Completion of 1-for-7 Share Consolidation
By Endeavour International Corporation, PRNETuesday, November 16, 2010
HOUSTON, November 18, 2010 - Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) today
announces that it has completed its previously disclosed share consolidation.
Post-consolidated shares of the company's common stock will commence trading
tomorrow November 18, 2010 on both the NYSE Amex and the London Stock
Exchange.
As a result of the share consolidation, every seven shares of common
stock outstanding have been automatically combined into one share of common
stock. Holders who would otherwise receive fractional shares have had their
shares rounded up to the next whole share. Registered shareholders of
Endeavour who hold existing physical stock certificates will receive a letter
of transmittal from the company's transfer agents - StockTrans in the United
States and Capita Registrar in the United Kingdom. Shareholders whose
certificates are held in "street name" or are on deposit with their brokerage
firm need to take no further action.
Shareholders with questions regarding the share consolidation can refer
to the Question & Answer document found in the Investor Relations section of
the Company's website at www.endeavourcorp.com or speak with their
personal broker.
Endeavour International Corporation is an oil and gas exploration and
production company focused on the acquisition, exploration and development of
oil and natural gas in the North Sea and the United States. For more
information, visit endeavourcorp.com.
Certain statements in this news release should be regarded as
"forward-looking" statements within the meaning of the securities laws. These
statements speak only of as of the date made. Such statements are subject to
assumptions, risk and uncertainty. Actual results or events may vary
materially.
Investor Relations, Mike Kirksey, +44(0)207-451-2350, +1-713-307-8788, or Darcey Matthews, +1-713-307-8711, both of Endeavour International Corporation; or UK Media, Philip Dennis, +44(0)207-861-3919, or Henry Lerwill, +44(0)207-861-3169, both of Pelham Bell Pottinger, for Endeavour International Corporation
Tags: Endeavour International Corporation, Houston, November 18, texas, United Kingdom