EPL Names Timothy Woodall Chief Financial Officer

Energy Partners reports that Timothy R. Woodall has joined EPL as of August 21, 2006 as its Executive Vice President and Chief Financial Officer.

Mr. Woodall has over 13 years of energy experience and was most recently with UBS Investment Bank (UBS) serving as an Executive Director within its Global Energy Group. In addition to focusing on international energy companies, he has advised on various mergers and acquisitions (M&A) and capital market transactions for a number of U.S. clients including EPL. Prior to his position with UBS, Mr. Woodall had been a Director of Investment Banking for Credit Suisse First Boston since 2001. From 1997 to 2001, Mr. Woodall worked for Woodside Petroleum Ltd. as head of M&A.

Mr. Woodall is a Certified Practicing Accountant licensed in Australia and holds a Bachelor of Economics for the University of Adelaide. He and his family will reside in New Orleans, Louisiana, EPL's headquarters.

Richard A. Bachmann, EPL's Chairman and CEO, commented, "We are very excited to have Tim join our senior management team at EPL. We have worked well in the past together, most recently when we issued our senior notes in 2003. Our discussions with Tim pre-date our pending acquisition of Stone Energy Corporation. His experience and abilities will be of great value to the Company as we continue our growth. This is a very exciting and critical time for us with the pending acquisition of Stone, and we believe Tim is an excellent fit to our team."