Energy XXI Ltd fka EXXIQ

[DocLevi]

It's been following oil prices since big dump of lower oil prices and big amounts of debt due (in like 3 years or whatever)... If they got buyers for the senior notes before OPEC meeting then what will defuse worries short term. But they are a buyout target at these prices but from whom (not Exxon they sold them some of their lots that they deemed not big enough for them). BP is law suit paralyzed....

They told me they could make money at 70/bbl, (or 60/bbl can't remember which it was too long ago) but they also told me they weren't interested in Eagleford, etc. that their expertise was with Gulf shelf. So who wants Gulf 1k/bbl well lines when better well pays per day in Eagleford (which is moving to pass Permian Basin on oil per day production)?

Just remember what happened back when NG was dropping because of shell gas, it went below 2/Mcf like to 1.80/Mcf and it was doom and gloom then. No telling how far big money will play it down.

And for most of November almost every day oil would be up in world markets but as soon as American glut traders opened it dropped (almost every time). Call Pastor Lyndsey Williams as ask him what the oil executives have planned.... (it real, they run the show).