Endeavour files bankruptcy with creditor agreement in hand

WILMINGTON, Delaware (Bloomberg) -- Endeavour International Corp., a U.S.-based oil and gas exploration firm with operations in the North Sea, sought bankruptcy protection Oct. 10, saying it has a restructuring agreement with some creditors. The company’s debt totals about $1.2 billion, according to Chapter 11 papers filed in U.S. Bankruptcy Court in Wilmington, Delaware. More than $500 million of that resulted from “unexpected events” in the past three years, according to the filing.


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Endeavour files bankruptcy with creditor agreement in hand Endeavour files bankruptcy with creditor agreement in hand Reviewed by Crude Oil Facilitators on 17:05 Rating: 5

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