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Published on 3/31/2015 in the Prospect News Distressed Debt Daily.

Endeavour reports $21,767 of operating loss for February, no revenue

By Caroline Salls

Pittsburgh, March 31 – Endeavour International Corp. marked a $21,767 operating loss for February on zero revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Endeavour reported a $2,013 operating profit for January, also on zero revenue.

Net income for February was $5.52 million, down from $5.54 million of net income posted for January.

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

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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