Endeavour International (END) Says Rochelle Field Ready to Produce, Plans 6-8 Week Shutdown

July 10, 2013 8:58 AM EDT
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Endeavour International Corporation (NYSE: END) furnished the following information discussed in the Company's conference call held on July 10, 2013:

At the Rochelle field located in the UK sector of the North Sea, the W-1 well has been successfully drilled, completed and flow tested. The final pipe spool pieces have been installed connecting the well to the subsea pipeline infrastructure to the Scott platform. The field is ready to produce.

The owners of the Scott platform will commence a shutdown period starting on July 11, 2013. The shutdown period is expected to last six to eight weeks to complete the planned work program. Due to the timing of this shutdown, first production at the Rochelle field is now expected in September 2013.

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