Wednesday, December 14, 2016

"Energy XXI Plan of Reorganization Confirmed By Court" $EXXI $EXXIQ

HOUSTON, Dec. 13, 2016 - Energy XXI Ltd today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division has indicated that it will confirm the Company’s Plan of Reorganization and issue a written ruling and confirmation order to that effect. The Company expects to complete its financial restructuring process and emerge from Chapter 11 before the end of the calendar year, after the conditions to the Plan are satisfied.
First EXXI post was in January 2015.

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