Endeavour Announces Executive Retirement
By Endeavour International Corporation, PRNEWednesday, February 17, 2010
HOUSTON, February 18, 2010 - Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV)
announced today that Bruce H. Stover, executive vice president - business
development and new ventures, will retire effective March 1, 2010. He will
continue his association with the company as a consultant on strategic
business development activities.
"Bruce has been with Endeavour since it was formed and has played a key
role in helping the company position itself in the North Sea and most
recently in the United States," said William L. Transier, chairman, chief
executive officer and president. "His leadership and broad international
experience were fundamental to building Endeavour's solid foundation for
future growth and excellent industry reputation. We truly appreciate his hard
work, professionalism and business insights that fortunately will still be
available to us as he enjoys more personal and family time."
Stover has 40 years of experience in executive and technical positions in
the oil and gas exploration and production industry. Since joining the
company in 2004, he has been a member of the company's executive committee
and assigned to Endeavour's London office as head of operations and business
development. He assumed oversight for business development and new ventures
in 2008.
Endeavour International Corporation is an oil and gas exploration and
production company focused on the acquisition, exploration and development of
energy reserves in the North Sea and the United States. For more information,
visit www.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 as of the date made. Such statements are subject to
assumptions, risk and uncertainty. Actual results or events may vary
materially. The estimates of recoverable resources per well and completed
well costs included herein are based upon other typical results in these
shale plays and may not be indicative of actual results.
Mike Kirksey, Investor Relations of Endeavour International Corporation, +44-(0)-207-451-2364, or +1-713-307-8788; or UK Brokers, Jeffrey Auld of Canaccord Adams, +44-(0)-207-050-6500, or UK Media, Philip Dennis or Henry Lerwill, both of Pelham Bell Pottinger, +44-(0)-207-337-1500, all for Endeavour International Corporation
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