Endeavour Terminates Acquisition of Pennsylvania Marcellus Shale Assets

HOUSTON, December 14, 2011 -

Endeavour International Corporation (NYSE: END) (LSE: ENDV) announced today that it has terminated purchase and sale agreements with SM Energy Company (NYSE:SM) and certain other minority owners to acquire leasehold, producing interests, a pipeline and related facilities in the Marcellus Shale in north central Pennsylvania.

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.

Endeavour - Investor Relations, Mike Kirksey, +1-713-307-8788; Darcey Matthews, +1-713-307-8711; Pelham Public Relations - UK Media, Philip Dennis, +44(0)207-861-3919, Henry Lerwill, +44(0)207-861-3169