October 31, 2008

Energy XXI to Present At New York Society of Security Analysts

HOUSTON, Oct. 31, 2008 (GLOBE NEWSWIRE) -- Energy XXI (Bermuda) Limited (Nasdaq:EXXI) (AIM:EXXI) today announced President and Chief Operating Officer Steve Weyel will present at the New York Society of Security Analysts' 11th Annual Energy Exploration & Production Industry Conference in New York City on Nov. 6, 2008, beginning at 9:40 a.m. EST. This is a rescheduled time slot from the one previously announced.

A slide presentation and information regarding webcasting will be available on the Energy XXI homepage (www.energyxxi.com) in the Investor Relations, Events & Presentations section.

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 www.energyxxi.com.

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

This news release was distributed by GlobeNewswire, www.globenewswire.com

 CONTACT: Energy XXI (Bermuda) Limited          Stewart Lawrence, Vice President,           Investor Relations and Communications          +1 713-351-3006          [email protected]                    Collins Stewart Europe Limited          Nominated Adviser and Joint UK Broker          Seema Paterson          +44 207 523 8321          [email protected]                    Pelham PR          James Henderson            +44 207 743 6673            [email protected]          Alisdair Haythornthwaite            +44 207 743 6676            [email protected]