Attached files
| file | filename |
|---|---|
| 8-K - Energy XXI Ltd | v204198_8-k.htm |
| EX-99.8 - Energy XXI Ltd | v204198_ex99-8.htm |
| EX-99.1 - Energy XXI Ltd | v204198_ex99-1.htm |
| EX-99.4 - Energy XXI Ltd | v204198_ex99-4.htm |
| EX-99.2 - Energy XXI Ltd | v204198_ex99-2.htm |
| EX-99.3 - Energy XXI Ltd | v204198_ex99-3.htm |
| EX-99.5 - Energy XXI Ltd | v204198_ex99-5.htm |
| EX-99.9 - Energy XXI Ltd | v204198_ex99-9.htm |
| EX-99.7 - Energy XXI Ltd | v204198_ex99-7.htm |
Exhibit
99.6
Exxon
Properties Unaudited Summary Historical Consolidated Financial Data
The
following table below shows unaudited summary historical consolidated financial
data for the Exxon properties as of and for the year ended June 30, 2010 and as
of and for the three months ended September 30, 2009 and 2010 and for the twelve
months ended September 30, 2010.
All
historical financial information for the Exxon properties is derived from
operating reports and lease operation statements prepared by Exxon management
and is unaudited. When we prepare and file with the SEC audited historical
financial statements for the Exxon properties, these financial statements may
differ from the unaudited financial data presented below and such differences
may be material.
|
Year
Ended
June
30,
|
Three
Months Ended
September
30,
|
Twelve
Months
Ended
September
30,
|
||||||||||||||
|
2010
|
2009
|
2010
|
2010
|
|||||||||||||
|
(Unaudited)
(In
thousands)
|
||||||||||||||||
|
Revenues
|
|
|
|
|
||||||||||||
|
Crude
oil sales
|
$
|
321,262
|
$
|
81,940
|
$
|
73,316
|
$
|
312,639
|
||||||||
|
Natural
gas sales
|
84,037
|
18,731
|
21,179
|
86,484
|
||||||||||||
|
Total
Revenues
|
405,299
|
100,671
|
94,495
|
399,123
|
||||||||||||
|
Costs
and Expenses
|
|
|
|
|
||||||||||||
|
Lease
operating expense
|
100,938
|
26,404
|
23,346
|
97,881
|
||||||||||||
|
Production
taxes
|
1,173
|
301
|
250
|
1,121
|
||||||||||||
|
Total
Costs and Expenses
|
102,111
|
26,705
|
23,596
|
99,002
|
||||||||||||
|
Excess
of revenues over direct operating expenses
|
$
|
303,188
|
$
|
73,966
|
$
|
70,899
|
$
|
300,121
|
||||||||
In
connection with the Exxon acquisition, we expect to incur certain incremental
expenses. In particular, we estimate that on an annual basis we will incur
general and administrative expenses (net of amounts capitalized), insurance
expenses, accretion of asset retirement obligations and expenses related to
letters of credit of approximately $4.0 million, $10.0 million, $20.0 million
and $1.1 million, respectively. These estimates are based on our current
information about the Exxon properties, which we have obtained from the seller.
The actual incremental expenses associated with the Exxon properties will
differ, and such differences may be material. See “Risk
Factors — Risks Associated with Acquisitions and Our Risk Management
Program — Incremental expenses related to the Exxon properties are
presented for illustrative purposes only and may not be may not be an indication
of actual incremental expenses to be incurred following the closing of the Exxon
acquisition. Actual incremental expenses will differ, and such differences may
be material.”