Endeavour To Acquire UK Producing Assets For $330M

by Monica Gerson, Benzinga Staff Writer

December 27, 2011 6:59 AM | 16 seconds read | Make a Comment

Endeavour International Corp

END

reported that its unit has agreed to acquire ConocoPhillips' interest in 3 producing UK oil fields in the Central North Sea for $330 million. Endeavour projects the deal to close in the first half of 2012. END shares closed at $6.40 on Friday.

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Endeavour To Acquire UK Producing Assets For $330M