X0303 4 2011-05-26 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 2011-05-26 4 A 0 6281 A 6701 D Shares of restricted stock granted on May 26, 2011 under the issuer's Board Compensation Program and 2009 Long Term Incentive Plan, each as amended. The restricted shares are subject to customary transfer restrictions and risk of forfeiture provisions, one-half of which lapse immediately on the transaction date and one-half on the day preceding the date of the next annual meeting of stockholders. Includes 51 phantom shares to be settled upon retirement from the Board of Directors. Consistent with the provisions of the Issuer's 2009 Long Term Incentive Plan, the grantee did not pay any consideration to the Issuer for the restricted shares that were granted. By way of reference, the closing price per share of the Issuer's common stock on the New York Stock Exchange on May 26, 2011 was $15.92. John H. Peper, Attorney in Fact 2011-05-27