Since its founding in 2005, Energy XXI has become one of the largest operators on the Gulf of Mexico (GOM) Shelf, utilizing the latest technologies, its existing infrastructure and its experienced staff to acquire, develop and exploit the upside potential of the region. Daily volumes averaged 43.4 thousand barrels of oil equivalent per day (72% oil) for the quarter ended September 30, 2016. Including operating nine of the largest fields on the GOM shelf, Energy XXI held interests in 635 gross producing wells, 452,083 net developed acres, and 60 producing fields at its fiscal year-end of June 30, 2016. Energy XXI is focused on developing core properties while ramping up a complementary exploration program designed to provide organic growth for the future.