X0303 4/A 2009-09-29 2009-10-01 0000750199 ENERGY PARTNERS LTD EPL 0001246093 PULLY STEVEN J C/O ENERGY PARTNERS, LTD. 201 ST. CHARLES AVENUE NEW ORLEANS LA 70170 1 Deferred Shares 2009-09-29 4 A 0 8692 0 A Common Stock 8692 8692 D In a Form 4 previously filed on October 1, 2009, the reporting person reported acquiring 8,692 shares of restricted stock of Energy Partners, Ltd. The reporting person actually acquired 8,692 deferred shares of Energy Partners, Ltd. The reporting person did not acquire any restricted stock. Accordingly, the reporting person is filing this amendment to report that on September 29, 2009, he acquired 8,692 deferred shares of Energy Partners, Ltd. Each deferred share is the economic equivalent of one share of Energy Partners, Ltd. common stock. One-half of the deferred shares was immediately vested on the transaction date and the other one-half of the deferred shares will vest on the day immediately preceding the date of the 2010 Annual Meeting of Stockholders. The shares that vested on the transaction date will be delivered to the reporting person in five (5) substantially equal annual installments payable on the date the reporting person ceases his service as a director and on each of the four (4) immediately following anniversaries of such date. John H. Peper, Attorney in Fact 2009-10-01