Wednesday, August 26, 2026

Energy XXI Commences Chapter 11 Restructuring

HOUSTON, April 14, 2016 (GLOBE NEWSWIRE) — Energy XXI Ltd (NASDAQ:EXXI) (“Energy XXI” or the “Company”) announced today that it and certain of its subsidiaries have entered into a Restructuring Support Agreement (the “RSA”) with holders of more than 63% of  the Company’s secured second lien 11.0% notes (the “Second Lien Notes”) on the material terms of a balance sheet