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Endeavour Appoints Chief Restructuring Officer

7th Oct 2014 07:00

ENDEAVOUR INTERNATIONAL CORP - Endeavour Appoints Chief Restructuring Officer

ENDEAVOUR INTERNATIONAL CORP - Endeavour Appoints Chief Restructuring Officer

PR Newswire

London, October 7

Endeavour Announces the Appointment of a Chief Restructuring Officer HOUSTON, Oct. 6, 2014 -- Endeavour International Corporation (NYSE: END) (LSE: ENDV) today announcedthat the Company has engaged Opportune LLP, to assist the company in its financial restructuring process. Inconnection with this engagement, David C. Baggett, Managing Partner of Opportune LLP, has been appointed asChief Restructuring Officer of Endeavour, effective immediately, reporting directly to the Board of Directors. Mr. Baggett has been the Managing Partner of Opportune LLP since its founding in 2005. Mr. Baggett started hiscareer at Deloitte & Touche where he became a Partner in the firm's energy practice. Mr. Baggett left Deloitte tobe the Senior Vice President & CFO of a publicly traded exploration & production company. Mr. Baggett currentlyserves on the board of directors of North Star Energy, Thunderbird Resources, LP and Marlin Midstream GP, LLCand previously served on the boards of AMPAM, Genesis Energy MLP, Encore Energy Partners and ERCOT, theindependent system operator for electrical markets in Texas. "The Board of Directors and I are impressed with David's in depth knowledge of the oil and gas industry,combined with his experience leading companies through the restructuring process," said William L. Transier,chairman, president and chief executive officer. "We believe that makes him extremely qualified to serve as ourChief Restructuring Officer as we continue discussions with our various stakeholders." About Endeavour International CorporationEndeavour International Corporation is an international oil and gas exploration and production company focusedon the acquisition, exploration and development or energy reserves in the North Sea and United States. Formore information, visit www.endeavourcorp.com. About Opportune LLPOpportune is a leading energy consulting firm, providing services throughout North America and Europe fromoffices in Houston, New York, Denver, Tulsa, and London. Across energy segments, Opportune's practice areasinclude corporate finance, complex financial reporting, restructuring, process and technology, strategy andorganization, dispute resolution, enterprise risk, tax and outsourcing. For more information on Opportune LLP,please visit their website at www.opportune.com. SOURCE Endeavour International Corporation

CONTACT: Endeavour - Investor Relations, Darcey Matthews, 713-307-8711


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