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Published on 10/14/2008 in the Prospect News Special Situations Daily.

Debello Investors owns 9.5% of Energy Partners

By Lisa Kerner

Charlotte, N.C., Oct. 14 - Debello Investors LLC and its affiliates reported the purchase of 678,179 shares of Energy Partners, Ltd. in open-market transactions since July at an average price of $6.30 per share.

The investors beneficially own 3,046,470 shares, or 9.5%, of Energy Partners, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Energy Partners is a New Orleans-based oil and natural gas exploration and production company.


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