TIDMEXXI

RNS Number : 6619V

Energy XXI (Bermuda) Limited

30 October 2014

Energy XXI Announces Shareholder Vote to Cancel Listing on London Stock Exchange's AIM

HOUSTON - Oct. 30, 2014 - Energy XXI (NASDAQ: EXXI) (AIM: EXXI) The Company announced that in connection with the scheduled November 4, 2014 Annual General Meeting, the shareholders have been asked to vote on a proposal to authorize the Company's Board of Directors, at its discretion, to effect a cancellation of the admission of the Company's common shares, par value $0.005 per share to the Alternative Investment Market of the London Stock Exchange ("AIM"). If approved by shareholders, such AIM Admission Cancellation may be implemented by the Company's Board of Director any time on or before March 13, 2015. In that event, and when the Board of Directors definitively decides to proceed with an AIM cancellation, it will notify the date that such cancellation is expected to take effect.

About the Company

Energy XXI is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company's properties are located in the U.S. Gulf of Mexico waters and the Gulf Coast onshore. Cantor Fitzgerald Europe is Energy XXI's listing broker in the United Kingdom. To learn more, visit the Energy XXI website at www.EnergyXXI.com.

 
 Enquiries of the Company 
 Energy XXI                 Bell Pottinger 
  Greg Smith                 James Henderson 
  Vice President             jhenderson@pelhambellpottinger.co.uk 
  Investor Relations 
  713-351-3149               Cantor Fitzgerald Europe 
  gsmith@energyxxi.com       David Porter, Rick Thompson - Nominated 
                             Advisor 
                             Richard Redmayne - Corporate Broking 
                             Tel: +44 (0) 20 7894 7000

This information is provided by RNS

The company news service from the London Stock Exchange

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