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.

Development drilling program delivers early successes Oil represents 72% of production Beat of estimates driven by increased oil production and prices EBITDA of $226 million sets 4th consecutive quarterly record Free cash flow cuts net debt, builds cash balance HOUSTON, Feb. 1, 2012 (GLOBE NEWSWIR...

HOUSTON, Dec. 29, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced that the company will present at the Pritchard Capital Partners Energize 2012 conference in San Francisco on Thursday, Jan. 5, 2012 at 2:05 p.m. Pacific Time.  Information regarding webcasting will be available on the Energy XXI homepage (www.Ener...

HOUSTON, Nov. 10, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced its Board of Directors declared a $1.8125 per share quarterly dividend on its shares of 7.25% Convertible Perpetual Preferred Stock, which have a face value of $100 per share, and a $3.5156 per share quarterly dividend on its shares of 5.625% Convertible ...

HOUSTON, Oct. 14, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced it will host a conference call on Thursday October 27, 2011, at 9 a.m. CDT (3 p.m. London time) to discuss fiscal 2012 first-quarter financial and operating results for the period ended September 30, 2011. Results will be released through global newswire ...

HOUSTON, Sept. 22, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced that Executive Vice President of Exploration and Production Ben Marchive will present at the Independent Petroleum Association of America's Investment Symposium in San Francisco on Monday Sept. 26, 2011 at 1:15 p.m. Pacific Time. Information rega...

HOUSTON, Aug. 30, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced Chairman and CEO John Schiller will present at Barclay's Capital 2011 Energy CEO Conference on Sept. 6, 2011 at 4:25 p.m. Eastern Time, and Chief Financial Officer West Griffin will present at the Rodman & Renshaw Investment Conference on Sept. 12, 2011 a...

HOUSTON, Aug. 11, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced Chairman and CEO John Schiller will present at Enercom's The Oil & Gas Conference in Denver on Monday, August 15, 2011, beginning at 10:30 a.m. Mountain Time. Information regarding webcasting will be available on the Energy XXI homepage (www.Energ...

HOUSTON, July 28, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced it will host a conference call on Thursday August 11, 2011, at 9 a.m. CDT (3 p.m. London time) to discuss fiscal 2011 fourth-quarter and year-end financial and operating results for the period ended June 30, 2011. Results will be released through global n...

HOUSTON, July 6, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced its participation in the Global Hunter Securities conference in San Francisco on Monday July 18, 2011, including a presentation to investors beginning at 3:30 p.m. Pacific Time. ...

HOUSTON, June 2, 2011 (GLOBE NEWSWIRE) -- Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced participation in two upcoming industry events in London. Executive Vice President Ben Marchive will present at Enercom's London  Oil & Gas Conference at 2:30 PM GMT on June 16, 2011. Chairman and CEO John Schiller will present at NASDAQ OMX's 26th Investor...