HOUSTON, Nov. 17, 2010 /PRNewswire via COMTEX/ --
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 http://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.
SOURCE Endeavour International Corporation