Endeavor Power Corp.
OTC Bulletin Board : EDVP

Endeavor Power Corp.

June 04, 2009 18:09 ET

Endeavor Power Now Has All 14 Wells on the Patrick Henry Operational

NOWATA COUNTY, OKLAHOMA--(Marketwire - June 4, 2009) - Endeavor Power Corp. (OTCBB:EDVP) is pleased to announce that all 14 wells on the Patrick Henry Lease are now operational and in production.

Endeavor's joint venture partner, Federated Energy, estimates that there are, currently, approximately 20 barrels of oil being produced per day, with production expected to increase as the salt water injection system continues to add pressure to the formation.

Now that all 14 wells are operational, Federated will soon commence to frac the wells in groups of seven (7) and expects initial oil production to exceed 40 barrels per day, and to continue to increase as the salt-water injection system adds to the reservoir pressure.

We anticipate that oil will be shipping, at least, on a weekly basis and even more frequently as the production is expected to increase after the wells have been stimulated.

For additional information, please visit www.endeavorpowercorp.com.

About Endeavor Power Corp.

Endeavor Power Corp. is an independent, energy company engaged in the acquisition, exploitation and development of oil and natural gas properties in the United States. Endeavor's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. Endeavor also aims to define larger projects that can be developed with Joint Venture partners.

Legal Notice Regarding Forward-Looking Statements

Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on Edgar of other junior oil and gas exploration companies with the US Securities and Exchange Commission.

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