

As of September 30, 2013
	Endeavour International Corporation		Combined Guarantor Subsidiaries		Combined Non-Guarantor Subsidiaries		Eliminations		Consolidated
Cash and cash equivalents	$	-	$	3,584	$	56,773	$	-	$	60,357
Accounts receivable		-		1,936		22,560		-		24,496
Current receivables due from affiliates		854,025		5,530		47,597		(907,152)		-
Prepaid expenses and other		-		404		48,292		-		48,696
Current Assets		854,025		11,454		175,222		(907,152)		133,549

Property, plant and equipment, net		-		91,871		987,035		-		1,078,906
Goodwill		-		-		259,238		-		259,238
Long-term receivables due from affiliates		-		599,000		-		(599,000)		-
Investments in subsidiaries		57,662		120,058		-		(177,720)		-
Other assets		21,865		6,056		8,475		-		36,396
Total Assets	$	933,552	$	828,439	$	1,429,970	$	(1,683,872)	$	1,508,089

Accounts payable	$	-	$	2,843	$	41,959	$	-	$	44,802
Current maturities of debt		-		-		115,163		-		115,163
Deferred revenue		-		-		40,691		-		40,691
Monetary production payment, current portion		-		-		19,167		-		19,167
Current liabilities due to affiliates		-		901,429		5,723		(907,152)		-
Accrued expenses and other		8,948		2,589		42,885		-		54,422
Current Liabilities		8,948		906,861		265,588		(907,152)		274,245

Long-term debt		678,241		(1)		74,529		-		752,769
Long-term liabilities due to affiliates		-		-		599,000		(599,000)		-
Deferred taxes		-		-		127,658		-		127,658
Monetary production payment, long-term portion		-		-		126,667		-		126,667
Other liabilities		3,323		676		132,799		-		136,798
Total Liabilities		690,512		907,536		1,326,241		(1,506,152)		1,418,137

Series C convertible preferred stock		43,703		-		-		-		43,703
Stockholders' equity		199,337		(79,097)		103,729		(177,720)		46,249
Total Liabilities and Equity	$	933,552	$	828,439	$	1,429,970	$	(1,683,872)	$	1,508,089



As of December 31, 2012
	Endeavour International Corporation		Combined Guarantor Subsidiaries		Combined Non-Guarantor Subsidiaries		Eliminations		Consolidated
Cash and cash equivalents	$	-	$	27,800	$	31,385	$	-	$	59,185
Accounts receivable		-		2,695		43,486		-		46,181
Current receivables due from affiliates		950,210		36,725		71,964		(1,058,899)		-
Prepaid expenses and other		-		508		20,487		-		20,995
Current Assets		950,210		67,728		167,322		(1,058,899)		126,361

Property, plant and equipment, net		-		92,692		910,749		-		1,003,441
Goodwill		-		-		262,764		-		262,764
Long-term receivables due from affiliates		-		599,000		-		(599,000)		-
Investments in subsidiaries		57,662		120,058		-		(177,720)		-
Other assets		25,200		6,085		18,621		-		49,906
Total Assets	$	1,033,072	$	885,563	$	1,359,456	$	(1,835,619)	$	1,442,472

Accounts payable	$	-	$	2,622	$	57,531	$	-	$	60,153
Current maturities of debt		-		-		15,713		-		15,713
Deferred revenue		-		-		-		-		-
Monetary production payment deposit		-		-		-		-		-
Current liabilities due to affiliates		34,509		987,664		36,726		(1,058,899)		-
Accrued expenses and other		27,548		1,517		61,035		-		90,100
Current Liabilities		62,057		991,803		171,005		(1,058,899)		165,966

Long-term debt		676,413		-		167,380		-		843,793
Long-term liabilities due to affiliates		-		-		599,000		(599,000)		-
Deferred taxes		-		-		141,887		-		141,887
Monetary production payment, long-term portion		-		-		-		-		-
Other liabilities		3,033		561		144,098		-		147,692
Total Liabilities		741,503		992,364		1,223,370		(1,657,899)		1,299,338

Series C convertible preferred stock		43,703		-		-		-		43,703
Stockholders' equity		247,866		(106,801)		136,086		(177,720)		99,431
Total Liabilities and Equity	$	1,033,072	$	885,563	$	1,359,456	$	(1,835,619)	$	1,442,472



For the Three Months Ended September 30, 2013
	Endeavour International Corporation		Combined Guarantor Subsidiaries		Combined Non-Guarantor Subsidiaries		Eliminations		Consolidated
Revenue	$	-	$	1,952	$	34,949	$	-	$	36,901
Operating expenses		-		1,090		15,268		-		16,358
DD&A expense		-		1,093		17,503		-		18,596
Impairment of oil and gas properties		-		6,032		-		-		6,032
G&A expenses		596		1,173		2,144		-		3,913
Income (loss) from Operations		(596)		(7,436)		34		-		(7,998)

Derivatives:
Unrealized gains		85		-		770		-		855
Interest expense		(19,994)		895		(11,567)		4,205		(26,461)
Letter of credit fees		-		-		(7,274)		-		(7,274)
Loss on early extinguishment of debt		-		-		-		-		-
Unrealized foreign currency gains (losses)		-		1	-	(10,794)	-	-	-	(10,793)
Other income (expense)		-		14,347		(12,686)		(4,205)		(2,544)
Income (loss) before taxes		(20,505)		7,807		(41,517)		-		(54,215)
Income tax benefit		-		-		(14,330)		-		(14,330)
Net income (loss)		(20,505)		7,807		(27,187)		-		(39,885)
Preferred stock dividends		456		-		-		-		456
Net income (loss) to common shareholders	$	(20,961)	$	7,807	$	(27,187)	$	-	$	(40,341)



For the Nine Months Ended September 30, 2013
	Endeavour International Corporation		Combined Guarantor Subsidiaries		Combined Non-Guarantor Subsidiaries		Eliminations		Consolidated
Revenue	$	-	$	6,803	$	213,935	$	-	$	220,738
Operating expenses		-		6,550		65,401		-		71,951
DD&A expense		-		3,239		90,227		-		93,466
Impairment of oil and gas properties		-		9,566		-		-		9,566
G&A expenses		1,905		5,484		6,887		-		14,276
Income (loss) from Operations		(1,905)		(18,036)		51,420		-		31,479

Derivatives:
Unrealized gains (losses)		(292)		-		1,450		-		1,158
Interest expense		(60,967)		2,394		(58,811)		45,038		(72,346)
Letter of credit fees		-		-		(25,782)		-		(25,782)
Loss on early extinguishment of debt		-		-		-		-		-
Unrealized foreign currency gains (losses)		-		-	-	38	-	-	-	38
Other income (expense)		-		43,346		(2,813)		(45,038)		(4,505)
Income (loss) before taxes		(63,164)		27,704		(34,498)		-		(69,958)
Income tax benefit		-		-		(2,141)		-		(2,141)
Net income (loss)		(63,164)		27,704		(32,357)		-		(67,817)
Preferred stock dividends		1,367		-		-		-		1,367
Net income (loss) to common shareholders	$	(64,531)	$	27,704	$	(32,357)	$	-	$	(69,184)



For the Three Months Ended September 30, 2012
	Endeavour International Corporation		Combined Guarantor Subsidiaries		Combined Non-Guarantor Subsidiaries		Eliminations		Consolidated
Revenue	$	-	$	2,549	$	80,726	$	-	$	83,275
Operating expenses		-		1,239		22,734		-		23,973
DD&A expense		-		1,526		22,233		-		23,759
Impairment of oil and gas properties		-		11,416		-		-		11,416
G&A expenses		769		2,824		1,433		-		5,026
Income (loss) from Operations		(769)		(14,456)		34,326		-		19,101

Derivatives:
Unrealized gains (losses)		1,301		-		(2,505)		-		(1,204)
Interest expense		(20,015)		561		(15,035)		16,436		(18,053)
Letter of credit fees		-		-		(9,378)		-		(9,378)
Loss on early extinguishment of debt		-		-		-		-		-
Unrealized foreign currency gains (losses)		-		-	-	(1,448)	-	-	-	(1,448)
Other income (expense)		-		14,566		655		(16,436)		(1,215)
Income (loss) before taxes		(19,483)		671		6,615		-		(12,197)
Income tax expense		-		-		21,505		-		21,505
Net income (loss)		(19,483)		671		(14,890)		-		(33,702)
Preferred stock dividends		456		-		-		-		456
Net income (loss) to common shareholders	$	(19,939)	$	671	$	(14,890)	$	-	$	(34,158)



For the Nine Months Ended September 30, 2012
	Endeavour International Corporation		Combined Guarantor Subsidiaries		Combined Non-Guarantor Subsidiaries		Eliminations		Consolidated
Revenue	$	-	$	9,168	$	112,276	$	-	$	121,444
Operating expenses		-		4,476		30,137		-		34,613
DD&A expense		-		7,414		34,878		-		42,292
Impairment of oil and gas properties		-		47,116		-		-		47,116
G&A expenses		2,003		8,632		4,744		-		15,379
Income (loss) from Operations		(2,003)		(58,470)		42,517		-		(17,956)

Derivatives:
Unrealized gains (losses)		922		-		(3,100)		-		(2,178)
Interest expense		(33,509)		(1,553)		(51,697)		23,743		(63,016)
Letter of credit fees		-		-		(12,442)		-		(12,442)
Loss on early extinguishment of debt		-		-		(21,661)		-		(21,661)
Unrealized foreign currency gains (losses)		-		-	-	(4,186)	-	-	-	(4,186)
Other income (expense)		-		19,338		2,647		(23,743)		(1,758)
Loss before taxes		(34,590)		(40,685)		(47,922)		-		(123,197)
Income tax benefit		-		-		(3,424)		-		(3,424)
Net loss		(34,590)		(40,685)		(44,498)		-		(119,773)
Preferred stock dividends		1,367		-		-		-		1,367
Net loss to common shareholders	$	(35,957)	$	(40,685)	$	(44,498)	$	-	$	(121,140)



For the Nine Months Ended September 30, 2013
	Endeavour International Corporation		Combined Guarantor Subsidiaries		Combined Non-Guarantor Subsidiaries		Eliminations⁽¹⁾		Consolidated
Cash Flows from Operating Activities:
Net loss	$	(63,164)	$	27,704	$	(32,357)	$		$	(67,817)
Adjustments to reconcile net loss to
net cash provided by (used in) operations
DD&A expense		-		3,239		90,227		-		93,466
Impairment of oil and gas properties		-		9,566		-		-		9,566
Deferred tax benefit		-		-		(17,262)		-		(17,262)
Unrealized (gains) losses on derivatives		292		-		(1,450)		-		(1,158)
Amortization of non-cash compensation		470		-		-		1,882		2,352
Amortization of loan costs and discount		5,870		-		9,460		-		15,330
Non-cash interest expense		-		(10,379)		15,625		-		5,246
Other		44		11,169		(1,021)		-		10,192
Changes in operating assets and liabilities:
(Increase) decrease in receivables		-		760		20,925		-		21,685
(Increase) decrease in other current assets		72,254		(53,060)		(22,420)		-		(3,226)
Increase (decrease) in liabilities		(14,517)		2,603		1,785		(3,458)		(13,587)
Net Cash Provided by (Used in)
Operating Activities		1,249		(8,398)		63,512		(1,576)		54,787

Cash Flows From Investing Activities:
Capital expenditures		-		(11,519)		(166,228)		1,576		(176,171)
Acquisitions, net of cash acquired		-		-		(2,602)		-		(2,602)
Net Cash Used in Investing Activities		-		(11,519)		(168,830)		1,576		(178,773)

Cash Flows From Financing Activities:
Proceeds from issuance of MPP		-		-		150,000		-		150,000
Repayments of MPP		-		-		(4,167)				(4,167)
Dividends paid		(1,249)		-		-		-		(1,249)
Financing costs paid		-		(4,301)		(15,126)		-		(19,427)
Other financing		-		2		(1)		-		1
Net Cash Provided by (Used in)
Financing Activities		(1,249)		(4,299)		130,706		-		125,158

Net Change in Cash and Cash Equivalents		-		(24,216)		25,388		-		1,172
Cash and Cash Equivalents, Beginning
of Period		-		27,800		31,385		-		59,185
Cash and Cash Equivalents, End of Period	$	-	$	3,584	$	56,773	$	-	$	60,357