Energy XXI Declares Quarterly Preferred Stock Dividend
25 February 2010 - 5:00PM
Energy XXI (Bermuda) Limited (Nasdaq:EXXID) (LSE:EXXI) today
announced that its Board of Directors declared a $1.8125 per share
quarterly dividend on its shares of 7.25% Convertible Perpetual
Preferred Stock. The dividend will be paid in cash on Monday,
March 15, 2010 to the holders of record on Monday, March 1,
2010. The company currently has 1.1 million shares of its
7.25% Convertible Perpetual Preferred Stock outstanding.
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. Collins Stewart Europe
Limited and Macquarie Capital (Europe) Limited are Energy XXI
listing brokers in the United Kingdom. To learn more, visit
the Energy XXI website at www.energyXXI.com.
The Energy XXI logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3587
CONTACT: Energy XXI (Bermuda) Limited
Stewart Lawrence, Vice President, Investor Relations
and Communications
+1 713-351-3006
slawrence@energyxxi.com
Collins Stewart Europe Limited
Nominated Adviser and Joint UK Broker
Piers Coombs
pcoombs@collinsstewart.com
Stewart Wallace
+44 207 523 8350
Pelham Bell Pottinger
James Henderson
+44 207 743 6673
jhenderson@pelhambellpottinger.co.uk
Mark Antelme
+44 203 178 6242
mantelme@pelhambellpottinger.co.uk
![Energy XXI Logo 2](http://media.primezone.com/cache/8298/small/4015.jpg)
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