X0305 4 2012-05-01 0000750199 ENERGY PARTNERS LTD EPL 0001263376 BUCKNER CHARLES OLIVER C/O ENERGY PARTNERS, LTD. 201 ST. CHARLES AVENUE NEW ORLEANS LA 70170 1 Deferred Shares 2012-05-01 4 A 0 6219 A Common Stock 6219 6219 D Shares of restricted stock granted on May 1, 2012 under the issuer's Board Compensation Program and 2009 Long Term Incentive Plan, each as amended, and deferred under the issuer's Second Amended and Restated Stock and Deferral Plan for Non-Employee Directors, as amended. Each deferred share is the economic equivalent of one share of the issuer's common stock. The deferred 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 preceeding the date of the next annual meeting of stockholders. The deferred shares will be delivered to the reporting person in a lump sum payable on the date the reporting person ceases his service as a director. 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 1, 2012 was $16.08. David Cedro, Attorney in Fact 2012-05-03