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February 28, 2014
07:59 EDTENDEndeavour announces Rochelle field production
Endeavour announced that production has recommenced at Rochelle, a gas-condensate field, in the U.K. North Sea. The East Rochelle E2 well is on production and flowing to the Scott Platform. The West Rochelle W1 well is anticipated to restart production in a few days. Details regarding flow rates will be discussed during Endeavour's fourth quarter conference call on March 5. Production from the two wells is expected to exceed the available capacity limits across the Scott Platform.
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September 18, 2014
07:55 EDTENDEndeavour receives notice of non-compliance with NYSE listing standards
Endeavour has been notified by the NYSE that it is not in compliance with two of the NYSE's continued listing standards. The NYSE requires that the average closing price per share of a listed company's stock be in excess of $1.00 for a consecutive 30-trading day period. Under this continued listing criteria, Endeavour has a period of six months, subject to possible extension, to bring its average share price back over $1.00. The company's common stock expects to be listed and traded on the NYSE during this period. In addition, the company's total market capitalization has averaged less than $50M over a consecutive 30 trading-day period and its last reported shareholders' equity was also below $50M. Endeavour has 45-days from receipt of the NYSE notice to submit a business plan to the NYSE demonstrating how it intends to comply with the NYSE's continued listing standards. The company's stock expects to trade on the NYSE during the plan period.
September 15, 2014
16:43 EDTENDEndeavour announces Rochelle Field offline, lowers Q3 production outlook
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September 9, 2014
05:49 EDTEND Stocks with implied volatility movement; END LOCO
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