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Published on 2/26/2015 in the Prospect News Distressed Debt Daily.

Endeavour reports $2,013 operating profit for January, zero revenue

By Caroline Salls

Pittsburgh, Feb. 26 – Endeavour International Corp. marked a $2,013 operating profit for January on zero revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Endeavour reported a $7,564 operating profit for December, also on zero revenue.

Net income for January was $5.54 million, improving slightly from $5.53 million of net income for December.

The company listed no cash and cash equivalents at the ends of January and December.

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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