Pan Andean has completed the acquisition of Endeavour for $15 million (€16 million). This is made up of $6 million in cash and $9.165 in new Pan Andean shares. Pan Andean says it produces more than 500 barrels of oil per day and 1.6 million cubic feet of gas from interests in four properties, two in the Gulf of Mexico and two in Texas. The estimated annual cash flow is $2.5 million.
Pan Andean buys Endeavour
Pan Andean has completed the acquisition of Endeavour for $15 million (€16 million)
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