Energy XXI confirmation hearing adjourned, exclusivity extended

By Wendy Van Sickle

Columbus, Ohio, Oct. 12 – Energy XXI Ltd.’s confirmation hearing was adjourned and its exclusive periods for filing and soliciting votes on a plan of reorganization were extended, according to a motion filed Oct. 11 with the U.S. Bankruptcy Court for the Southern District of Texas.

The confirmation hearing was adjourned to Nov. 2 from Oct. 17.

The court extended the filing exclusivity period through the earlier of Nov. 8 and immediately following the conclusion of the confirmation hearing.

The soliciting exclusivity period was extended to Nov. 8.

Energy XXI, an independent oil and natural gas development and production company based in Houston, filed for bankruptcy on April 14 under Chapter 11 case number 16-31928.

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