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Company Overview

FISCAL 2013 WAS A YEAR IN WHICH ENERGY XXI IDENTIFIED SIGNIFICANT HIDDEN VALUE. OUR SUCCESSFUL DRILLING PROGRAM DROVE RECORD RESERVES GROWTH, PRIMARILY OIL, WHICH BOOSTED THE PRESENT VALUE OF THOSE RESERVES. COMBINED WITH TWO HIGH-POTENTIAL EXPLORATION JOINT VENTURES ADDED LAST YEAR, WHICH HAVE ALREADY BEGUN LOGGING SUCCESS, ENERGY XXI HAS ENTERED FISCAL 2014 WITH AN EXTENSIVE, MULTI-YEAR INVENTORY OF ORGANIC GROWTH OPPORTUNITIES.