X0202 4 2004-05-13 0 0000750199 ENERGY PARTNERS LTD epl 0001070028 GERSHEN ROBERT D C/O ENERGY PARTNERS, LTD. 201 ST. CHARLES AVENUE, SUITE 3400 NEW ORLEANS LA 70170 1 0 0 0 Common Stock 10738 D Stock Options (Right to Buy) 13.58 2004-05-13 4 A 0 4000 0 A 2004-05-13 2014-05-13 Common Stock 4000 4000 D Phantom Stock 0 2004-05-13 4 A 0 1992.7536 13.8 A Common Stock 1992.7536 1992.7536 D Mr. Gershen, a managing director of Energy Income Fund, has voting control and power to dispose of all shares held by Energy Income Fund, but disclaims beneficial ownership of such shares. The shares shown for Mr. Gershen do not show his indirect interest in the shares held by Energy Income Fund. 1 for 1 The units are to be settled upon retirement from the Board of Directors. John H. Peper, Attorney in Fact 2004-05-13