Article: EPL Completes Acquisition of Hall-Houston Oil Company and Names New Director and Senior Management Positions.

Business Editors

NEW ORLEANS--(BUSINESS WIRE)--Jan. 15, 2002

Energy Partners, Ltd. ("EPL") (NYSE: EPL) today announced that it has completed the acquisition of Hall-Houston Oil Company and certain affiliated interests ("Hall-Houston" or "HHOC"). Hall-Houston, founded in 1983, is a privately held exploration and production company based in Houston, Texas with operations focused in the central region of the Gulf of Mexico Shelf. Hall-Houston is an exploration-focused company with technical expertise, high quality natural gas reserves and an attractive inventory of exploratory prospects.

The closing of the transaction was subject to a minimum ...

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