During the last six years, Energy XXI (NASDAQ:EXXI) has completed five major acquisitions, making EXXI the third largest producer on the Gulf of Mexico shelf. The company’s historic core strategy is to acquire and exploit producing oil properties; however, more recently, EXXI has been unlocking additional production value and reserve growth through its organic drilling programs.

Today, EXXI reported four successful well results in four different fields:

The Winters well (100% WI) at Grand Isle 16 Field, encountered 83 net feet of pay and was...

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