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Energy XXI
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Credit Suisse Energy Summit
| John Schiller | Page 3 of 11 |
March 28, 2024
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Highlights ? The 3rd Largest Producer on the Gulf of Mexico Shelf ? 72% of Production is Oil ? Operates 6 of the 11 Largest Oil Fields on the Gulf of Mexico Shelf ? Proved Reserves Increased 54% to 116.6 MMBOE in Fiscal 2011 ? Reserves and Production are ~86% Operated ? 70% of Proved Reserves Fall Under the Proved Developed Category ? 35% of Probable Reserves are Associated with Currently Active Wellbores Major EXXI Fields Financial Profile Ticker EXXI Market Cap (2/3/12) ~$3 Billion* Insider Ownership ~5.5% FY 2012 Est. Budget $450 MM Proved Reserves 116.6 MBOE Acreage (net) 254,891 Production 42,700 BOE/d** *Fully diluted, 87 million shares **Actual production for quarter ended December 31, 2011 3