March 03, 2015 6:38 AM ET

Oil, Gas and Consumable Fuels

Company Overview of EPL Oil & Gas, Inc.

Company Overview

EPL Oil & Gas, Inc. operates as an independent oil and natural gas exploration and production company. The company focuses on acquiring and developing assets primarily on state and federal waters offshore Louisiana in the United States Gulf of Mexico shelf region. As of June 30, 2014, it had estimated proved reserves of 89.5 million barrels of oil equivalent, as well as working interests in 29 producing fields located in the Gulf of Mexico shelf region. The company was formerly known as Energy Partners, Ltd. and changed its name to EPL Oil & Gas, Inc. in September 2012. EPL Oil & Gas, Inc. was founded in 1998 and is based in Houston, Texas. EPL Oil & Gas, Inc. is a subsidiary of Energy XXI G...

919 Milam Street

Suite 1600

Houston, TX 77002

United States

Founded in 1998

208 Employees



Key Executives for EPL Oil & Gas, Inc.

Chairman, Chief Executive Officer and Member of Environmental, Health and Safety Committee
Age: 56
Chief Financial Officer
Age: 61
Senior Vice President of Production and Ex-Officio Member of Environmental, Health & Safety Committee
Age: 46
Senior Vice President of Geosciences
Age: 52
Chief Accounting Officer, Senior Vice President, Treasurer and Secretary
Age: 46
Compensation as of Fiscal Year 2014.

EPL Oil & Gas, Inc. Key Developments

EPL Oil & Gas, Inc. Announces Executive Changes

On October 20, 2014, EPL Oil & Gas, Inc. announced that David West Griffin was stepping down from his position as Director on the Board of Directors of the Company, as well as from all other positions with any subsidiaries or affiliates of the company. The Company also announced that the Bruce W. Busmire, was elected to serve as a Director on the Board, effective October 20, 2014. Mr. Busmire has more than 34 years of experience in the oil and gas industry and financial markets. Most recently, from March 2013 to September 2014, Mr. Busmire was Chief Financial Officer of Venari Resources.

EPL Oil & Gas, Inc. Announces Executive Changes

On August 14, 2014, Mr. Benjamin Marchive notified the Board of Directors of Energy XXI (Bermuda) Limited of his resignation as President of EPL Oil & Gas, Inc., as well as from all other positions currently held as officer, director, trustee or any position with subsidiaries or affiliates of EPL, effective October 1, 2014. Mr. Marchive indicated that his decision to retire was not a result of any disagreement with EPL on any matter relating to its operations, policies or practices. The Board of Directors of EPL will appoint Antonio de Pinho, currently serving as Executive Vice President of EPL, as President of EPL and its subsidiaries, to be effective October 1, 2014. Mr. Pinho, 47, has served as Executive Vice President of EPL since June 2014.

EPL Oil & Gas, Inc.(NYSE:EPL) dropped from Russell 2000 Index

EPL Oil & Gas, Inc. will be removed from the Russell 2000 Index.

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Recent Private Companies Transactions

August 25, 2014
Energy XXI GOM, Certain Oil & Natural Gas Interests in South Pass 49 Field in Gulf of Mexico
March 12, 2014

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