EGC Energy Xxi Gulf Coast, Inc. (delisted)

As previously disclosed by Energy XXI Gulf Coast, Inc., a Delaware corporation (“EGC”), in its Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on June 18, 2018, EGC entered into an Agreement and Plan of Merger (the “Merger Agreement”) on June 18, 2018 with MLCJR LLC (“Cox”), a Texas limited liability company and an affiliate of Cox Oil LLC, and YHIMONE, Inc., a Delaware corporation and a direct wholly-owned subsidiary of Cox (“Merger Sub”). Upon the terms and conditions set forth in the Merger Agreement, Merger Sub will be merged with and into EGC (the “Merger”) and the separate existence of Merger Sub will cease with EGC continuing as the surviving corporation and as a wholly-owned subsidiary of CEXXI, Inc., a Delaware corporation and direct wholly owned subsidiary of Cox.

As previously disclosed by EGC in its Current Report on Form 8-K filed with the SEC on September 6, 2018, EGC’s stockholders approved the Merger at the special meeting of stockholders held on September 6, 2018 (“Stockholder Approval”).

On September 9, 2018, EGC, Parent and Merger Sub entered into an Amendment No. 1 to Agreement and Plan of Merger (the “First Amendment”) to provide for an extension of the closing date of the Merger until October 10, 2018. The First Amendment provides that EGC, Cox and Merger Sub have agreed that Cox and Merger Sub cannot refuse to consummate the Merger because of events occurring on or after September 10, 2018 that would otherwise cause an EGC material adverse effect or that would cause EGC’s representations to cease to be true at closing.

A copy of the First Amendment is attached hereto as Exhibit 2.1 and incorporated herein by reference. This summary of the First Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the First Amendment.