Energy XXI Announces Fiscal 2009 Second-Quarter Earnings Release Date and Conference Call

HOUSTON, Jan. 20, 2009 (GLOBE NEWSWIRE) -- Energy XXI (Bermuda) Limited (NasdaqCM:EXXI - News) (AIM:EXXI) today announced it will host a conference call on Tuesday, Feb. 10, 2009, at 9 a.m. CST (3 p.m. London time) to discuss fiscal second-quarter financial and operating results for the period ended Dec. 31, 2008. Earnings will be released through global newswire services after the close of trading on NASDAQ on Feb. 9 and will be available at http://www.energyxxi.com.

To actively participate on the conference call, please call the dial-in number below about 10 minutes before the scheduled start time. Those who wish to view the presentation materials, or to participate in listen-only mode, should access the event through the company's web site, http://www.energyxxi.com. A replay of the call will be archived and available on the web site following the live call.

   ENERGY XXI FISCAL 2009 SECOND-QUARTER CONFERENCE CALL
    --  Feb. 10, 2009 - 9 a.m. CST (3 p.m. London time)
    --  Live Dial-in (Confirmation Code 6243110)
        -  U.S.:  1 (719) 325-2395
        -  U.K.:  08000 287 141
    --  Presentation Slides, Live Listen-Only and Replay:
        http://www.energyxxi.com

About the Company

Energy XXI is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company's properties are located in the U.S. Gulf of Mexico waters and the Gulf Coast onshore. Collins Stewart Europe Limited and Tristone Capital Limited are Energy XXI listing brokers in the United Kingdom. To learn more, visit the Energy XXI website at http://www.energyxxi.com.

The Energy XXI logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3587

          Energy XXI (Bermuda) Limited
          Stewart Lawrence, Vice President, Investor Relations 
           and Communications
          +1 713-351-3006
          slawrence@energyxxi.com 

          Collins Stewart Europe Limited
          Nominated Adviser and Joint UK Broker
          Piers Coombs, Stewart Wallace
          +44 207 523 8350
          pcoombs@collinsstewart.com

          Pelham PR
          James Henderson
            +44 207 743 6673
            james.henderson@pelhampr.com
          Mark Antelme
            +44 203 178 6242
            mark.antelme@pelhampr.com