EPL Schedules Call to Discuss Third Quarter 2012 Results

EPL Schedules Call to Discuss Third Quarter 2012 Results

NEW ORLEANS, Oct. 24, 2012 (GLOBE NEWSWIRE) -- EPL Oil & Gas, Inc. (NYSE:EPL)
(EPL or the Company) announced today that its conference call to review third
quarter 2012 results will be held on November 1, 2012 at 9:30 A.M. Central
Time/10:30 A.M. Eastern Time. The Company will issue a press release on the
morning before the call covering operational and financial results for the
quarter.

To participate in the EPL conference call, callers in the United States and
Canada can dial (866) 845-8624 and international callers can dial (706)
634-0487. The Conference I.D. for callers is 53361672.

The call will be available for replay beginning two hours after the call is
completed through midnight of November 15, 2012. For callers in the United
States and Canada, the toll-free number for the replay is (855) 859-2056. For
international callers the number is (404) 537-3406. The Conference I.D. for
all callers to access the replay is 53361672.

The conference call will be webcast live as well as for on-demand listening at
the Company's web site, www.eplweb.com. Listeners may access the call through
the "Events and Webcasts" link in the Investor Relations section of the site.

Description of the Company

Founded in 1998, EPL is an independent oil and natural gas exploration and
production company based in New Orleans, Louisiana, and Houston, Texas. The
Company's operations are concentrated in the U.S. Gulf of Mexico shelf,
focusing on the state and federal waters offshore Louisiana. For more
information, please visit www.eplweb.com.

Forward-Looking Statements

This press release may contain forward-looking information and statements
regarding EPL. Any statements included in this press release that address
activities, events or developments that EPL "expects," "believes," "plans,"
"projects," "estimates" or "anticipates" will or may occur in the future are
forward-looking statements. Actual results may differ materially due to a
variety of important factors. Among other items, such factors might include:
the failure of the conditions to the closing of the sale of the previously
announced notes offering to be satisfied or waived; the failure of the
conditions to the closing of the previously announced Hilcorp Acquisition to
be satisfied or waived; volatility in the financial and credit markets or in
oil and natural gas prices; and other matters that are discussed in EPL's
filings with the Securities and Exchange Commission. (http://www.sec.gov/).

CONTACT: Investors/Media
        
         T.J. Thom, Chief Financial Officer
         504-799-1902
         tthom@eplweb.com

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