HOUSTON, June 2, 2014 (GLOBE NEWSWIRE) -- Energy XXI (Bermuda) Limited ("Energy XXI") (Nasdaq:EXXI) (AIM:EXXI) and EPL Oil & Gas, Inc. ("EPL") (NYSE:EPL) jointly announced today the preliminary results of the merger consideration elections made by EPL stockholders prior to the election deadline, which expired on Friday, May 30, 2014, at 5:00 p.m., Eastern time.
|Cash Election, excluding stock option net exercise shares||30,232,580|
|Mixed Election, including no election (Note 1)||7,718,840|
|Election||Cash||Energy XXI Stock|
|Cash Election, excluding stock option net exercise shares||$25.93||0.5594|
|Mixed Election, including no election||$25.35||0.5840|
|Stock Election||$ 0.00||1.6690|