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Published on 1/27/2015 in the Prospect News Distressed Debt Daily.

Endeavour sees operating loss of $7,564 during December, no revenue

By Kali Hays

New York, Jan. 27 –Endeavour International Corp. marked an operating loss of $7,564 for December on zero revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In November, the company reported an operating loss of $87,282, also on zero revenue.

Endeavour’s net loss in December was $5.53 million, more than the previous net loss of $5.45 million.

The company also had cash of $32 million as of Dec. 31, down from $35.1 million as of Nov. 30.

Endeavour is a Houston-based oil and gas exploration and production company focused on the North Sea and the United States. The company filed for bankruptcy on Oct. 10 under Chapter 11 case number 14-12308.


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