Sunday, November 21, 2010

Energy XXI to Acquire Gulf of Mexico Shelf Properties From ExxonMobil

Includes 66 million barrels of proved and probable reserves, 61 percent oil

Properties produce 20,000 barrels of oil equivalent per day, 53 percent oil

Pro forma proved reserves rise 65 percent, production 77 percent


HOUSTON, Nov. 21, 2010 (GLOBE NEWSWIRE) — Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced it has executed a purchase and sale agreement to acquire certain [...] http://bit.ly/9XGFPI

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