Energy XXI Gulf Coast, Inc. (EGC) Fortifying and Enhancing Our Position in the U.S. Gulf Coast Region EGC is an exploration and production company headquartered in Houston, Texas that is engaged in the development, exploitation and acquisition of oil and natural gas properties in conventional oil and gas assets in the U.S. Gulf Coast region, both offshore in the Gulf of Mexico and onshore in Louisiana and Texas. Our Strategy and Core Values - Excellence in safety across all facets of our operations and committed environmental stewardship are top priorities that guide our decision-making and risk management. Our People - Our seasoned and diverse management team averages over 32 years of industry experience with significant expertise in the Gulf of Mexico and Gulf Coast area. We have assembled a knowledgeable technical team of engineers, geologists and geophysicists who play a key role in the execution of our strategy. Our engineers have an average of 17 years of industry experience and our team of geologic and geophysical experts average 32 years of industry experience. Focused on Operational Excellence - Our key assets are located primarily offshore on the Gulf of Mexico Shelf which is an area in less than 1,000 feet of water, and also onshore in the Gulf Coast region. We currently operate 89% of our proved reserves. As the operator of a property, we are afforded greater control of the optimization of production, the timing, and the amount of capital expenditures and the costs of our projects. Our geographical concentration in the Gulf Coast region also increases efficiencies and cost saving synergies.