EPL Retains Law Firm to Investigate Possible East Bay Violations

Energy Partners, Ltd. has retained the law firm of Jones, Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P. to conduct an independent investigation into possible environmental violations at the Company's East Bay field arising out of on-site governmental agency inspections conducted in the field in late 2005 and early 2006.

Earlier this week, the Company met with representatives of the U.S. Attorney for the Eastern District of Louisiana in New Orleans, the U.S. Environmental Protection Agency and the U.S. Coast Guard and was informed that they are conducting an investigation into possible criminal violations arising out of those on-site inspections. The Company intends to cooperate fully with the government's investigation and said that operations in the field remain unaffected by the investigation.

Founded in 1998, EPL is an independent oil and natural gas exploration and production company based in New Orleans, Louisiana. The Company's operations are focused along the U.S. Gulf Coast, both onshore in south Louisiana and offshore in the Gulf of Mexico.

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