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Michael Kane Email
Geologist . Energy XXI U.S.A.
Houston, TX
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Employees:
297Revenue:
$80MAbout
Energy XXI was formed in 2005 with a successful $300 million IPO on the London Stock Exchange Alternative Investment Market (AIM). Since then, the company has implemented an “acquire and exploit” growth strategy to build a geographically focused portfolio with some of the highest per-unit margins in the industry. It began with an agreement in March 2006 to purchase Marlin Energy Offshore for $421 million. Soon after the purchase closed, the company agreed to acquire some South Louisiana properties for a total of $308 million. By August 2006, the South Louisiana acquisition had closed and the company was able to raise $86.5 million through a warrant exercise.Energy XXI U.S.A. Address
1021 Main St.Houston, TX
United States