Energy Partners Awarded Acreage in Louisiana Lease Sale

Energy Parnters was the successful high bidder on four tracts covering approximately 2,650 acres in the Louisiana State Lease Sale held on October 8, 2003. All of these leases are either immediately adjacent or in close proximity to the Company's East Bay field at the mouth of the Mississippi River. EPL's bids for the four tracts totaled just under $1 million.