MIDLAND, Texas, March 28, 2019 Endeavor Energy Resources, LP (“Endeavor”, or the “Company”) announces operating results for the fourth quarter and year ended December 31, 2018. Fourth Quarter 2018 Highlights Averaged daily net production of approximately 72.0 MBOE per day during the three months ended December 31,...
MIDLAND, Texas, November 7, 2018 Endeavor Energy Resources, LP (“Endeavor”, or the “Company”) announces the financial and operating results for the quarter ended September 30, 2018. Company Highlights Net production averaged a record 65.8 MBoe per day (76% oil) in 3Q 2018, a 49% increase year-overyear and a...
MIDLAND, TEXAS, December 5, 2017 – Endeavor Energy Resources, LP (“Endeavor” or the “Company”) today announced that its previously announced cash tender offers (the “Tender Offers”) to purchase any and all of the outstanding $500,000,000 aggregate principal amount of the 7.00% senior notes due 2021 ...
In 2017, Endeavor entered into a $300 million JV with Development Capital Resources (DCR), a newly formed oil and gas subsidiary of asset manager Ares Management LP to develop certain properties in the Midland and Martian counties. DCR will fund the majority of the capital...
Endeavor Energy Resources, LP (Endeavor) closed the previously announced contract to sell a portion of its interests in certain Midland Basin assets including leases and production. Assets sold include approximately 22,400 gross acres and 14,500 net leasehold acres in Martin County, Texas along with approximately 900...
In 2014 for the Wolfcamp and 2015 for the Spraberry formations, the Company entered into seven year Farmout agreements with a subsidiary of Exxon Mobil, XTO Energy, to develop approximately 30,000 net acres. The agreement allows XTO Energy to earn a majority working interest in each...