Redeployment of Capital Annualized Downtime to Reflect Actual Weather, Pipelines, Rig Delays (2,250) BOE/d FY13 Original Budget FY13 Adjusted Budget Annual Impact Deferred Gassier Projects New Projects Golden Bear Wombat Bordeaux VR…
FY13 Drilling Inventory by Field = = = Main Pass Complex West Delta 73 Grand Isle 16/18 South Timbalier 54 Weimer Cake Don Tomas Circe = Maroon = Dr O = Monte Carlo = Viper = Hyden = Gelato = Camacho = Iceman = El…
Future Growth Profile MBOED Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun BASE Horizontal Vertical Recompletes Ultra-Deep *FY2013 9
Horizontal Well Potential South Timbalier 21 8 12 Wells South Timbalier 54 Grand Isle 16/18 7 12 Wells 6 12 Wells West Delta 16 28 Wells Main Pass 61 6 12 Wells South Pass 7 9 Wells 80+ Potential Locations in Core…
Vermilion Exploration Joint Venture Joint Venture Exploration Outline VR 164 Located in 105 Feet of Water Energy XXI Operated JV with ExxonMobil 2-Well Carry to Earn 50% Working Interest 7 Prospect Areas on 54,500…
Ultra Deep Update Davy Jones Blackbeard West 2 Lineham Creek Highlander Project
Contact Delivering 5% the next Contact Stewart Lawrence, IRO Greg Smith, Director of IR Energy XXI Energy XXI 1021 Main Street, Suite 2626 1021 Main Street, Suite 2626 Houston, Texas 77002 Houston, Texas 77002 713.351.3006…