One-Page Deal Sheet
Endeavour Up for Sale as Company Offers Last of Producing Assets
Not Disclosed Endeavour International Corp
Announced Date
June 01,2015
Transaction Type
Property
Asset/Basin:
{"North Sea"}
Transaction Details: Subscribe to see
Endeavour International Corporation has announced that the Company's Board of Directors has authorized the immediate launch of a marketing process in the U.K. for the sale of all or substantially all of its North Sea oil and gas assets.
Blackstone Advisory Partners L.P. has been engaged as the Company's financial advisor in this process.
Endeavour will consider a full range of options in order to unlock the value underlying the Company's assets, including a sale of individual North Sea assets. The Company believes that a timely sale of all or part of its North Sea assets may provide the best…
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