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Stock Market & Financial Investment News

News Breaks
May 21, 2014
09:01 EDTENDEndeavour reports both wells now producing at Rochelle Field
Endeavour announced that the West Rochelle W1 well has been returned to production. Both West and East Rochelle wells are now flowing together and Rochelle production will be optimized between the two wells in the coming days. The company may update production guidance for the second quarter, once stabilized production rates have been achieved.
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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.

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