EPL Schedules Call to Discuss Fourth Quarter and Full Year 2006 Results.Company Provides an Update on the Strategic Alternatives Process NEW ORLEANS -- Energy Partners, Ltd. (NYSE NYSE See: New York Stock Exchange :EPL 1. EPL - Early PL/I. 2. EPL - Experimental Programming Language. 3. EPL - Eden Programming Language. U Washington. Based on Concurrent Euclid and used with the Eden distributed OS. Influenced Emerald and Distributed Smalltalk. ) ("the Company" or "EPL") announced today that its fourth quarter earnings conference call will be held on March 1st at 8:30 A.M. Central Time. The Company also confirmed that it is continuing to explore strategic alternatives, including the possible sale of the Company. EPL said that it expects to provide a further update on the process during its March 1st conference call. To participate in the EPL conference call, callers in the United States and Canada can dial (877) 612-5303 and international callers can dial (706) 634-0487. The Conference I.D. for callers is 9215033. The call will be available for replay beginning two hours after the call is completed through midnight of March 6, 2007. For callers in the United States and Canada, the toll-free number for the replay is (800) 642-1687. For international callers the number is (706) 645-9291. The Conference I.D. for all callers to access the replay is 9215033. The conference call will be webcast live as well as for on-demand listening at the Company's web site, www.eplweb.com. Listeners may access the call through the "Conference Calls" link in the Investor Relations Investor relations The process by which the corporation communicates with its investors. section of the site. The call will also be available through the CCBN CCBN Central Coast Bancorp CCBN Charles County Business Network Investor Network. 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 Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east . Forward-Looking Statements This press release contains forward-looking information regarding EPL that is intended to be covered by the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. "forward-looking statements" provided by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All statements included in this press release that address activities, events or developments that EPL expects, believes or anticipates will or may occur in the future are forward-looking statements. These include statements regarding: * reserve and production estimates, * oil and gas prices, * the impact of derivative positions, * production expense estimates, * cash flow estimates, * future financial performance, * planned capital expenditures, * the completion of any transaction; and * other matters that are discussed in EPL's filings with the Securities and Exchange Commission (SEC). These statements are based on current expectations and projections about future events and involve known and unknown risks, uncertainties, and other factors that may cause actual results and performance to be materially different from any future results or performance expressed or implied by these forward-looking statements. There is no assurance that the exploration of strategic alternatives will result in any agreements or transactions. Please refer to EPL's filings with the SEC, including Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2005, and Form 10-Q for the quarter ended September 30, 2006 for a discussion of these risks. The documents filed with the SEC by EPL may be obtained free of charge from EPL's website at www.eplweb.com or by directing a request to: Energy Partners, Ltd. 201 St. Charles Avenue St. Charles Avenue is a thoroughfare in New Orleans, Louisiana. It is the home of the world famous St. Charles Streetcar Line. It is also famous for the hundreds of mansions that adorn the tree-lined boulevard for much of the Uptown section of the route. , Suite 3400, New Orleans, Louisiana 70170, Attn: Secretary, (504) 569-1875. |
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