Energy XXI has implemented an “acquire and exploit” growth strategy to build a geographically focused portfolio with some of the highest per-unit margins in the industry. The company has focused on developing the acquired properties while ramping up a complementary exploration program designed to provide organic growth for the future. Energy XXI completed five major acquisitions totaling approximately $2.5 billion since its founding in October 2005, creating a company with more than 116 million barrels of oil equivalent (BOE) of proved reserves and about 42,000 BOE per day of production, 67% of which is oil. Energy XXI operates or has an interest in 7 of the 11 largest oil fields in the Gulf of Mexico. The company’s core properties are located in coastal and offshore Louisiana.
Financials
| Date | Financials | ||||||
|---|---|---|---|---|---|---|---|
| Dec 9, 2011 | Hedge Schedule as of December 9, 2011 | ||||||
| Oct 28, 2011 | Hedge Schedule as of October 27, 2011 | ||||||
| 2011 | 2011 Annual Report | ||||||
| Oct 11, 2011 | Hedge Schedule as of October 10, 2011 | ||||||
| Sep 22, 2011 | Hedge Schedule as of September 20, 2011 | ||||||
| Aug 28, 2011 | Hedge Schedule as of August 29, 2011 | ||||||
| Jun 22, 2011 | Hedge Schedule as of June 21, 2011 | ||||||
| Apr 28, 2011 | Hedge Schedule as of April 26, 2011 | ||||||
| Mar 1, 2011 | Hedge Schedule as of Feb 22, 2011 | ||||||
| Feb 9, 2011 | Hedge Schedule as of Feb 8, 2011 | ||||||
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= add file to Briefcase
Earnings Call
