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.
Quarterly Operations Report
| Title | Type | Size | |
|---|---|---|---|
| Third Quarter 2011 |
|
51.0 KB | |
| Second Quarter 2011 |
|
85.9 KB | |
| First Quarter 2011 |
|
37.4 KB | |
| Fourth Quarter 2010 |
|
29.4 KB | |
| Third Quarter 2010 |
|
39.7 KB | |
| Second Quarter 2010 |
|
51.6 KB | |
| First Quarter 2010 |
|
55.4 KB | |
| Fourth Quarter 2009 |
|
43.9 KB | |
| Third Quarter 2009 |
|
43.9 KB | |
| Second Quarter 2009 |
|
51.4 KB | |
| First Quarter 2009 |
|
54.1 KB | |
| Fourth Quarter 2008 |
|
161.3 KB | |
| Third Quarter 2008 |
|
116.8 KB | |
| Second Quarter 2008 |
|
48.8 KB | |
| First Quarter 2008 |
|
48.7 KB | |
| Fourth Quarter 2007 |
|
61.9 KB | |
| Third Quarter 2007 |
|
60.3 KB |
Earnings Call
