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Endeavour International Corp. (END) , a U.S.-based oil and gas exploration firm with operations in the North Sea, sought bankruptcy protection yesterday, saying it has a restructuring agreement with some creditors. More than two-thirds of holders of some notes have approved a restructuring support agreement that would reduce debt by $568 million, Houston-based Endeavour said in a statement. Among the largest unsecured creditors listed in court papers were holders of $404 million in notes under the trust of Wells Fargo Bank, $150 million with Wilmington Trust as trustee, and $135 million with Wilmington Savings Fund Society as trustee. The main case is In re Endeavour Operating Corp., 14-12308, U.S.
Today's top midday gainers on the market are NII Holdings Inc (OTCMKTS:NIHDQ), Nanosphere, Inc. (NASDAQ:NSPH) and Pendrell Corp (NASDAQ:PCO). Endeavour International Corporation (NYSE:END), dELi...
21Vianet Group (NASDAQ:VNET), Petroleo Brasileiro Petrobras SA (NYSE:PBR) and BioDelivery Sciences International Inc. (NASDAQ:BDSI) got a strong start to the day this Tuesday. In the red midday are En......