Energy XXI Announces Fiscal 2015 Third-Quarter Earnings Release and Conference Call Date

Energy XXI (Nasdaq:EXXI) today announced it will host a conference call on Thursday, May 7, 2015 at 9 a.m. CDT to discuss fiscal 2015 third-quarter financial and operating results for the period ended March 31, 2015. Results will be released through global newswire services prior to the call and will be available at www.EnergyXXI.com.

To actively participate on the conference call, please dial the number below about five 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 2015 Third-Quarter Conference Call

• May 7, 2015 – 9 a.m. CDT
• Live Dial-in (Confirmation Code 39538724)
  • 1 [phone] or 1 [phone]
• 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 located in the U.S. Gulf of Mexico waters and the Gulf Coast onshore. To learn more, visit the Energy XXI website at www.EnergyXXI.com.

CONTACT: Energy XXI
         Greg Smith
         Vice President, Investor Relations
         713-351-3149
         [e-mail]
         
         Energy XXI
         Kim Pinyopusarerk
         Manager, Investor Relations
         713-351-3028
         [e-mail]