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Article: EPL Provides Operational Update.
- Article from:
- Business Wire
- Article date:
- October 1, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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EPL Announces Three Successful Wells in Its Core Areas of South Timbalier and East Bay
NEW ORLEANS -- Energy Partners, Ltd. ("EPL" or the "Company") (NYSE:EPL) today provided an operational update on its production and drilling operations.
As previously reported, the vast majority of EPL's producing properties, which are located in the Gulf of Mexico ("GOM"), have suffered minor damage as a result of Hurricanes Gustav and Ike. Current daily production is approximately 40% of pre-storm production levels. Restoring the Company's remaining production is largely dependent upon the acceptance of production by third party pipelines and processing facilities ...