Current EXXI Stock Info

Liquidity Pushing $1 Billion
Energy XXI (ticker: EXXI) announced its second asset sale in the last 10 days in a company press release on July 1, 2015. The Gulf Coast operator closed on its East Bay Field for $21 million and will retain a 5% overriding royalty interest for no more than five years, along with a 50% interest for the deep rights of the field. The buyer was not disclosed.

The company also announced the $245 million sale of its Grand Isle Gathering System has closed. As previously covered by OAG360, EXXI retains certain operator...


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