FINANCING

Endeavour raises the white flag

AFTER filing for Chapter 11 bankruptcy protection last year, US-based Endeavour International Corporation is changing its debt-reduction plan by seeking bidders for some or all of its assets in the US and the North Sea.

Endeavour raises the white flag

Blackstone Advisory Partners has been engaged as the company's financial advisor in the sales process, which the company hopes will raise sufficient funds to preserve and protect the value of its assets...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry