Energy XXI Revises Fiscal 2009 Third-Quarter Earnings Release and Conference Call Dates

Energy XXI (Bermuda) Limited (Nasdaq:EXXI) (AIM:EXXI) today announced it will host a conference call on Wednesday, May 6, 2009, at 9 a.m. CDT (3 p.m. London time) to discuss fiscal third-quarter financial and operating results for the period ended March 31, 2009. Quarterly results will be released through global newswire services May 5 after the close of trading on NASDAQ and will be available at www.energyxxi.com. Both events are set to occur one day earlier than previously announced, due to schedule conflicts.

To actively participate on the conference call, please call the dial-in number below about 10 minutes before the scheduled start time. Those who wish to view the presentation materials, or to participate in listen-only mode, should access the event through the company's web site, www.energyxxi.com. A replay of the call will be archived and available on the web site following the live call.

  Energy XXI Fiscal 2009 Third-Quarter Conference Call
    * May 6, 2009 -- 9 a.m. CDT (3 p.m. London time)
    * Live Dial-in (Confirmation Code 8430955)
        -- U.S.: 1 (913) 312-1237
        -- U.K.: 08000 517 166
    * Presentation Slides, Live Listen-Only and Replay:
      www.energyxxi.com

About the Company

Energy XXI is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company's properties are located in the U.S. Gulf of Mexico waters and the Gulf Coast onshore. Collins Stewart Europe Limited and Tristone Capital Limited are Energy XXI listing brokers in the United Kingdom. To learn more, visit the Energy XXI website at www.energyxxi.com.

The Energy XXI logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3587

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Energy XXI

Energy XXI (Bermuda) Limited
          Stewart Lawrence, Vice President, Investor Relations
           and Communications
          713-351-3006
          slawrence@energyxxi.com

          Collins Stewart Europe Limited
          Nominated Adviser and Joint UK Broker
          Piers Coombs
            pcoombs@collinsstewart.com
          Stewart Wallace
          44 (0) 20 7523 8350

          Pelham PR
          James Henderson
            james.henderson@pelhampr.com
          Mark Antelme
            mark.antelme@pelhampr.com
          44 (0) 20 7337 1500

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