X0303 4 2009-09-29 0000750199 ENERGY PARTNERS LTD EPL 0001246093 PULLY STEVEN J C/O ENERGY PARTNERS, LTD. 201 ST. CHARLES AVENUE NEW ORLEANS LA 70170 1 Common Stock 2009-09-29 4 A 0 8692 0 A 9112 D Restricted Stock Mr. Pully disclaims any beneficial ownership of any of the Issuer's securities reported herein except to the extent of his pecuniary interest therein. Mr. Pully is an employee of Carlson Capital, L.P. ("Carlson Capital"), a private money management firm which beneficially owns shares of the Issuer's common stock through various entities and accounts under its management and control. Carlson Capital submits its Section 16 filings independent of Mr. Pully. Mr. Pully disclaims any beneficial ownership of any and all securities beneficially owned by Carlson Capital. One-half of the restricted shares vest immediately, and one-half of the restricted shares vest on the day prior to the next Annual Meeting of Stockholders. John H. Peper, Attorney in Fact 2009-10-01