Energy XXI Announces Fiscal Third-Quarter Earnings Release Date and Conference Call


HOUSTON, May 3, 2007 (PRIME NEWSWIRE) -- Energy XXI (Bermuda) Limited (LSE:EGY) will host a conference call on Tuesday, May 8, 2007, at 10 a.m. EDT (9 a.m. CDT; 3 p.m. London time) to discuss fiscal third-quarter 2007 results and recent events. Earnings will be released through global newswire services prior to the opening of trading on the London Stock Exchange's AIM system on May 8 and will be available at www.energyxxi.com.

To actively participate on the conference call, please call the dial-in number below about 15 minutes before the scheduled start time. Those who wish to view the presentation materials, or to participate in listen-only mode, should access the event through the company's web site, www.energyxxi.com. A replay of the call will be archived and available on the web site following the live call.



 ENERGY XXI FISCAL THIRD-QUARTER CONFERENCE CALL

   * May 8, 2007 - 10 a.m. EDT (9 a.m. CDT; 3 p.m. London time)
   * Live Dial-in (Confirmation Code 6504232)
       -- U.S.:   1 (913) 312-6696
       -- U.K.:   44-(0)-207-984-7566
   * Presentation Slides, Live Listen-Only and Replay:  www.energyxxi.com

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 primarily located in the U.S. Gulf of Mexico waters and the Gulf Coast onshore. In April 2007, Energy XXI announced that its registration statement on Form S-1, registering approximately 115 million shares of its common stock for resale by certain selling shareholders, had been declared effective by the U.S. Securities and Exchange Commission. Energy XXI aims to be listed and begin trading on the NASDAQ system under the symbol 'EXXI' later this quarter. Collins Stewart Europe Limited and Jefferies International are Energy XXI listing brokers in the United Kingdom. In the United States, Jefferies & Company, BMO Capital Markets, Collins Stewart and Natexis Bleichroeder are market makers.



            

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