NEW ORLEANS, Sept. 4, 2012 (GLOBE NEWSWIRE) -- Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) today announced that it has changed its name to EPL Oil & Gas, Inc. The Company's name change became effective on September 1, 2012, as set out in a filing with the Delaware Secretary of State. The common stock of the Company will continue to be listed on the New York Stock Exchange under the ticker symbol "EPL." Along with the name change, the Company has adopted a new logo and updated its website ( www.eplweb.com), and, starting September 1 st, all business activity will be conducted under the new name and logo.
The new EPL Oil & Gas, Inc. company logo can be viewed at http://www.globenewswire.com/newsroom/prs/?pkgid=14500Description 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. We believe these judgments are reasonable, but actual results may differ materially due to a variety of important factors. Among other items, such factors might include: stock market conditions; the trading price of EPL's common stock; cash demands caused by planned and unplanned capital expenditures; changes in general economic conditions; uncertainties in reserve and production estimates; unanticipated recovery or production problems; hurricane and other weather-related interference with business operations; the effects of delays in completion of, or shut-ins of, gas gathering systems, pipelines and processing facilities; changes in legislative and regulatory requirements concerning safety and the environment as they relate to operations; oil and natural gas prices and competition; the impact of derivative positions; production expenses and expense estimates; cash flow and cash flow estimates; future financial performance; drilling and operating risks; our ability to replace oil and gas reserves; risks and liabilities associated with properties acquired in acquisitions; 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: T.J. Thom, Chief Financial Officer 504-799-1902 firstname.lastname@example.org