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Stock Market & Financial Investment News

News Breaks
January 7, 2013
13:54 EDTENDEndeavour announces mobilization of Transocean Prospect rig
Endeavour International announced that the Transocean Prospect semi-submersible drilling rig has been mobilized to the Rochelle field to complete the drilling of the East Rochelle development well in the U.K. Central North Sea. Drilling of the East Rochelle development well was suspended in November to allow for the completion of the subsea installation.
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April 16, 2014
19:03 EDTENDEndeavour settles litigation with SM Energy
Endeavour (END) has reached a settlement with SM Energy (SM) regarding litigation filed against Endeavour in December 2011. Endeavour will pay SM Energy $5M and issue a note for $4.5M. The note will be paid in three graduated payments beginning in twelve months. Endeavour has also agreed to issue warrants valued at $3.75M (approximately 2.13M shares with a strike price of $5.29.) The total settlement expense to be recorded will be $19.25M, which includes deposits of $6M paid prior to the execution of the agreements.
10:28 EDTENDHigh option volume stocks: DNR INFY FSL END SQQQ
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