Following the successful completion of its $2.3 billion acquisition of EPL Oil & Gas, Energy XXI says it is now the largest publicly traded independent operator on the Gulf of Mexico shelf. Consideration included $1.02 billion cash, 23 million EXXI common shares and the assumption of $805 million in EPL net debt. EXXI now has 93 million shares outstanding (102 million fully diluted).Operating 10 of the largest oil fields on the shelf, the combined......
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