-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 A0IfzncfzJKOcyZpmmp8Dc3+aC2guExRu/U+Zcok3mOqq2pvgQg0FCCt7lg1pklf
 mI+ROgR21lU6xY/y9kB0aQ==

<SEC-DOCUMENT>0000929638-08-000362.txt : 20080624
<SEC-HEADER>0000929638-08-000362.hdr.sgml : 20080624
<ACCEPTANCE-DATETIME>20080624181640
ACCESSION NUMBER:		0000929638-08-000362
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080620
FILED AS OF DATE:		20080624
DATE AS OF CHANGE:		20080624

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENERGY XXI (BERMUDA) LTD
		CENTRAL INDEX KEY:			0001343719
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL AND GAS FIELD EXPLORATION SERVICES [1382]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		CANONS COURT
		STREET 2:		22 VICTORIA STREET PO BX HM 1179
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			00000
		BUSINESS PHONE:		713 351 3003

	MAIL ADDRESS:	
		STREET 1:		CANONS COURT
		STREET 2:		22 VICTORIA STREET PO BX HM 1179
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ENERGY XXI ACQUISITION CORP BERMUDA LTD
		DATE OF NAME CHANGE:	20051107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SENECA CAPITAL INVESTMENTS, L.P.
		CENTRAL INDEX KEY:			0001360505
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33628
		FILM NUMBER:		08915243

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVE., 28TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-371-1300

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVE., 28TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Hirsch Douglas A
		CENTRAL INDEX KEY:			0001393974

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33628
		FILM NUMBER:		08915244

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-888-2999

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Seneca Capital International Ltd
		CENTRAL INDEX KEY:			0001393973

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33628
		FILM NUMBER:		08915245

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-888-2999

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Seneca Capital Investments, LLC
		CENTRAL INDEX KEY:			0001337020
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33628
		FILM NUMBER:		08915246

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		STREET 2:		28TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-888-2999

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		STREET 2:		28TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>senecaform4_62008ex.xml
<DESCRIPTION>FORM 4 - ENERGY XXI (BERMUDA) LTD
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-06-20</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001343719</issuerCik>
        <issuerName>ENERGY XXI (BERMUDA) LTD</issuerName>
        <issuerTradingSymbol>EXXI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001337020</rptOwnerCik>
            <rptOwnerName>Seneca Capital Investments, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>590 MADISON AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>28TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001393973</rptOwnerCik>
            <rptOwnerName>Seneca Capital International Ltd</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>590 MADISON AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001393974</rptOwnerCik>
            <rptOwnerName>Hirsch Douglas A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>590 MADISON AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001360505</rptOwnerCik>
            <rptOwnerName>SENECA CAPITAL INVESTMENTS, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>590 MADISON AVE., 28TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $.001</value>
            </securityTitle>
            <transactionDate>
                <value>2008-06-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8076390</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>13576390</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>5.00</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-06-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>9225000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2006-07-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2009-10-20</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $.001</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>9225000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The securities reported on this filing are held in the accounts of Seneca Capital International, Ltd. (&quot;Seneca
 International&quot;) and other private investment vehicles (collectively, the &quot;Vehicles&quot;). Securities reported for Seneca Capital
 Investments, L.P. (&quot;Seneca LP&quot;) reflect the securities held of record by Seneca International and certain of the other
 Vehicles, of which Seneca LP is the investment manager. Securities reported for Seneca Capital Investments, LLC (&quot;Seneca
 LLC&quot;) include the securities held of record by the Vehicles, and include those reported for Seneca LP, of which Seneca LLC
 is the general partner. Seneca LLC also is the manager of one of the Vehicles.  Securities reported for Douglas A. Hirsch
 include the securities reported for Seneca LLC, of which Mr. Hirsch is the managing member (Seneca International, Seneca LP,
 Seneca LLC and Mr. Hirsch are, collectively, the &quot;Reporting Persons&quot;).</footnote>
        <footnote id="F2">Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary
 interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the
 securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose.</footnote>
        <footnote id="F3">Pursuant to an issuer exchange offer, the Reporting Persons disposed of 9,225,000 Warrants and paid an aggregate of
 $30,410,353.50 in exchange for 8,076,390 shares of Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Bruce Rubin, Chief Operating Officer of Seneca Capital Investments, LLC</signatureName>
        <signatureDate>2008-06-24</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Bruce Rubin, Chief Operating Officer of Seneca Capital Investments, LLC, the General Partner of Seneca Capital Investments, L.P.</signatureName>
        <signatureDate>2008-06-24</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Bruce Rubin, Chief Operating Officer of Seneca Capital Investments, LLC, the General Partner of Seneca Capital Investments, L.P., the Investment Manager of Seneca Capital International, Ltd.</signatureName>
        <signatureDate>2008-06-24</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Douglas A. Hirsch</signatureName>
        <signatureDate>2008-06-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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