Endeavour Receives Regulatory Approval on MPP

ENDEAVOUR INTERNATIONAL CORP - Endeavour Receives Regulatory Approval on MPP

PR Newswire

London, April 26

Endeavour Receives Regulatory Approval for Monetary Production Payment

HOUSTON, April 29, 2013 -- Endeavour International Corporation(NYSE: END) (LSE: ENDV) today announced that it had received United Kingdomregulatory approval for the Monetary Production Payment ('MPP').

Endeavour entered into the MPP in March with a group of investors for thepurchase price amount of $107.5 million. The MPP will be satisfied out of theproduction from certain U.K. North Sea assets. The additional proceeds from theMPP of $64.5 million are expected to be funded this week.

Endeavour International Corporation is an oil and gas exploration andproduction company focused on the acquisition, exploration and development ofenergy reserves in the North Sea and the United States. For more information,visit http://www.endeavourcorp.com/.

SOURCE Endeavour International Corporation

CONTACT: Endeavour - Investor Relations, Darcey Matthews, 713.307.8711