Kirby McInerney LLP is investigating potential claims against the Board of Directors of EPL Oil & Gas, Inc. ("EPL" or the "Company") (NYSE:EPL) concerning the proposed acquisition of the Company by Energy XXI (Bermuda) Limited ("Energy XXI") (NASDAQ:EXXI). Under the terms of the definitive merger agreement, EPL stockholders may elect to receive either $39.00 in cash, 1.669 common shares of Energy XXI, or $25.35 in cash plus 0.584 common shares of Energy XXI for each share of EPL common stock they own. The total value of the transaction is approximately $2.3 billion, including the assumption of debt.

The investigation concerns whether the EPL Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values EPL's common stock.

If you are an EPL stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

Kirby McInerney LLP
J. Brandon Walker, Esq., 212-699-1145
888-529-4787
bwalker@kmllp.com