TIDMEXXS

RNS Number : 2441B

Energy XXI (Bermuda) Limited

15 February 2011

Energy XXI (Bermuda) Limited

Notification of Major Interest in Shares

Energy XXI (Bermuda) Limited ("the Company") was notified on 14 February 2011 by Mount Kellett Capital Management LP (Mount Kellett) that, as of 31 December 2010, Mount Kellett is now the holder of 5,062,402 shares representing 7.3% of the Company's issued share capital and has voting rights over 5,062,402 shares representing 7.3% of the total issued and voting share capital of the Company.

15 February 2011

Enquiries of the Company

Energy XXI

Stewart Lawrence

Vice President, Investor Relations and Communications

713-351-3006

slawrence@energyxxi.com

Seymour Pierce - UK AIM Adviser

Jonathan Wright/

Jeremy Porter - Corporate Finance

Richard Redmayne - Corporate Broking

Tel: +44 (0) 20 7107 8000

Pelham Bell Pottinger

James Henderson

jhenderson@pelhambellpottinger.co.uk

Mark Antelme

mantelme@pelhambellpottinger.co.uk

+44 (0) 20 7861 3232

This information is provided by RNS

The company news service from the London Stock Exchange

END

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