2010 News Releases

Receive News |  RSS Feeds

Date Title   08/05/10 EPL Announces Second Quarter and First Half 2010 Results NEW ORLEANS, Aug 05, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (NYSE:EPL) (EPL or the Company) today reported financial and operational results for the second quarter and first half of 2010. Highlights Second quarter 2010 production averaged 13,669 barrels of oil equivalent (Boe) per day with oil production making up 47% of the total production Completion of the refinancing of its debt in the second quarter 2...  07/30/10 EPL Schedules Call to Discuss Second Quarter and First Half 2010 Results NEW ORLEANS, Jul 30, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (NYSE:EPL) (EPL or the Company) announced today that its conference call to review second quarter and first half of 2010 results will be held on August 5, 2010 at 10:00 A.M. Central Time/11:00 A.M. Eastern Time. The Company will issue a press release on the morning before the call covering operational and financial results. To participate in the EPL conference call, callers in the United States...  06/29/10 EPL Announces Completion of Refinancing $8.9 Million of Cash Previously Collateralizing Surety Bond Obligations is Returned EPL Announces Inclusion in the Russell 2000 Index NEW ORLEANS, Jun 29, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) announced the completion of two previously announced events including its refinancing and the return of $8.9 million of cash previously collateralizing surety bond obligations. Additionally, it announced its inclusion in the ...  06/17/10 EPL Announces Refinancing PIK Notes to Be Redeemed on June 28, 2010 EPL Names Gary Hanna, EPL's CEO, to Its Board of Directors NEW ORLEANS, Jun 17, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) announces it has reached agreement on an amendment to its $125 million Senior Secured Credit Facility (Credit Facility) with General Electric Capital Corporation which will enable it to redeem its outstanding Senior Subordinated PIK Notes due 2014 (the Notes). The ...  06/04/10 EPL Names Jon Gross as Senior Vice President, Geosciences and TJ Thom to Senior Vice President, Chief Financial Officer and Treasurer NEW ORLEANS, Jun 04, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) announced effective today that Jonathan S. Gross has joined EPL as Senior Vice President, Geosciences and Tiffany J. Thom has been promoted to Chief Financial Officer and will continue to serve as a Senior Vice President and the Company's Treasurer. Gary C. Hanna, the Company's CEO, said, "We are very pleased to have Jon Gross join EPL as part of our ongoin...  05/06/10 EPL Announces First Quarter 2010 Results NEW ORLEANS, May 06, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (NYSE:EPL) today reported financial and operational results for the first quarter of 2010. Highlights First quarter 2010 production increased 15% to 15,716 barrels of oil equivalent (Boe) per day over the prior fourth quarter 2009 and up 4% versus the same period last year First quarter EBITDAX and net income reached $46.0 million and $5.1 million...  05/03/10 EPL Regains MMS Supplemental Waiver Status EPL Anticipates the Release of Up to $8.8 million of Cash Held as Collateral NEW ORLEANS, May 03, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) today reported it was recently informed by the Minerals Management Service (MMS) that it had regained supplemental waiver status. This significant development means that the Company, due to its strong financial condition, no longer has to post surety bonds in support of decommissio...  04/30/10 EPL Schedules Call to Discuss First Quarter 2010 Results NEW ORLEANS, Apr 30, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (NYSE:EPL) (EPL or the Company) announced today that its conference call to review first quarter 2010 results will be held on May 6, 2010 at 10:00 A.M. Central Time/11:00 A.M. Eastern Time. The Company will issue a press release on the morning before the call covering operational and financial results for the quarter. To participate in the EPL conference call, callers in the United States ...  04/09/10 EPL To Present at the IPAA OGIS 2010 Conference NEW ORLEANS, Apr 09, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) will present at the 2010 IPAA Oil & Gas Investment Symposium on Wednesday, April 14, 2010 at 10:50 a.m. Eastern time in New York. Gary C. Hanna, EPL's Chief Executive Officer, will provide a financial and operational overview on the Company during the presentation. Additionally, the Company will be meeting with investors in the Midwest and on the East Coas...  04/08/10 EPL Reports Recently Evaluated Year-End 2009 Probable Reserve Estimates NEW ORLEANS, Apr 08, 2010 (BUSINESS WIRE) --Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) reported probable reserve estimates based upon estimates provided by its third party engineering firms totaling 9.2 million barrels of oil equivalent (Boe) as of year-end 2009. As previously reported, EPL's proved reserves at year-end 2009 stood at 31.2 million Boe. EPL's proved reserves at year-end 2009 were 64% oil and 36% natural gas, and 79% were classi...  03/22/10 EPL To Present at the 38th Annual Howard Weil Energy Conference NEW ORLEANS, Mar 22, 2010 (BUSINESS WIRE) -- Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) will present at the 38th Annual Howard Weil Energy Conference on Thursday, March 25, 2010 at 11:25 a.m. central time in New Orleans. Gary C. Hanna, EPL's Chief Executive Officer, will provide a financial and operational overview on the Company during the presentation. A copy of the presentation handout will be available today at the Company's website, www.ep...  03/11/10 EPL Announces Fourth Quarter and Year-End Results for 2009 NEW ORLEANS, Mar 11, 2010 (BUSINESS WIRE) -- Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) today reported financial and operational results for the fourth quarter and full year 2009. Highlights Fourth quarter and full year 2009 production increased 58% and 14%, respectively, over the same periods in 2008 Ongoing cost reduction efforts resulted in reported fourth quarter 2009 lease operating expenses of $10.6...  03/08/10 EPL Schedules Call to Discuss Fourth Quarter and Year End Results for 2009 NEW ORLEANS, Mar 08, 2010 (BUSINESS WIRE) -- Energy Partners, Ltd. (NYSE:EPL) (the Company) announced today that its conference call to review fourth quarter and year end 2009 results will be held on March 11, 2010 at 9:30 A.M. Central Time/10:30 A.M. Eastern Time. The Company will issue a press release on the morning before the call covering operational and financial results for the quarter and full year. To participate in the EPL conference call, caller...  02/05/10 EPL Increases Full Year 2010 Production Guidance EPL Reports Reaffirmation of Its Borrowing BaseNEW ORLEANS, Feb 05, 2010 (BUSINESS WIRE) -- Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) today reported it expects to exceed fourth quarter 2009 production guidance and has increased its full year 2010 production guidance. EPL also announced its borrowing base under its $125 million Senior Secured Revolving Credit Facility has been reaffirmed. Additionally, the Company will be meeting with investors ...  01/19/10 EPL Provides Operational Update on Fourth Quarter Rig Activity EPL to Present at IPAA OGIS 2010 ConferenceNEW ORLEANS, Jan 19, 2010 (BUSINESS WIRE) -- Energy Partners, Ltd. (EPL or the Company) (NYSE:EPL) today provided an update on fourth quarter 2009 operational activity. EPL also announced it will present at the IPAA Oil & Gas Investment Symposium (OGIS) on Wednesday, January 20, 2010 in Hollywood, Florida. Fourth Quarter 2009 Operational Update The Company had three rig operations underway in the fourth quarter 2009 ...