X0306 4 2013-03-11 0 0000750199 EPL OIL & GAS, INC. EPL 0001048462 WEXFORD CAPITAL LP 411 WEST PUTNAM AVENUE SUITE 125 GREENWICH CT 06830 0 0 1 1 See Remarks 0001472112 Wexford GP LLC C/O WEXFORD CAPITAL LP SUITE 125 GREENWICH CT 06830 0 0 1 0 0001001391 DAVIDSON CHARLES E C/O WEXFORD CAPITAL LP 411 WEST PUTNAM AVE. GREENWICH CT 06830 0 0 1 0 0001048485 JACOBS JOSEPH C/O WEXFORD CAPITAL LP 411 WEST PUTNAM AVENUE, SUITE 125 GREENWICH CT 06830 0 0 1 0 Common Stock, par value $0.001 2013-03-11 4 S 0 105000 28.3620 D 5546481 I see footnote Common Stock, par value $0.001 2013-03-12 4 S 0 71351 27.8892 D 5475130 I see footnote Common Stock, par value $0.001 2013-03-13 4 S 0 49301 27.8490 D 5425829 I see footnote The securities disposed of were held by Debello Investors LLC, Spectrum Intermediate Fund Limited, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited and Wexford Spectrum Fund, L.P. (the "Funds"). This form is jointly filed by Wexford Capital LP ("Wexford"), Charles E. Davidson ("Davidson"), Joseph M. Jacobs ("Jacobs") and Wexford GP LLC ("Wexford GP"). The reported securities are held by the Funds and by Wexford. Wexford serves as manager, investment advisor or sub-advisor of the Funds, and as such may be deemed to share beneficial ownership of the securities beneficially owned by the Funds, but disclaims such beneficial ownership to the extent such beneficial ownership exceeds its pecuniary interest. Wexford GP, as the general partner of Wexford, may be deemed to share beneficial ownership of the securities beneficially owned by the Funds, but disclaims such ownership to the extent such beneficial ownership exceeds its pecuniary interest.(continued under Footnote (3) below). (continued from Footnote (2) above) Messrs. Davidson and Jacobs, as the controlling persons of Wexford GP, may be deemed to share beneficial ownership of any securities beneficially owned by the Funds for which Wexford serves as manager, investment advisor or sub-advisor, but disclaim such beneficial ownership to the extent such beneficial ownership exceeds their pecuniary interest. The Amount of Securities Beneficially Owned Following Reported Transactions reported on Table I includes 2,332 shares issued to Marc McCarthy and assigned to Wexford Capital LP. One half of these shares vested December 1, 2012 and the remaining half vested on March 1, 2013. The Reporting Persons may be deemed to be directors by deputization by virtue of the fact that Mr. Marc T. McCarthy, an employee of Wexford, serves on the board of directors of the Issuer. Wexford Capital LP By: Wexford GP LLC, its General Partner By: Jay Maymudes, Vice President 2013-03-13 Wexford GP LLC By: Jay Maymudes, Vice President 2013-03-13 Joseph M. Jacobs 2013-03-13 Charles E. Davidson 2013-03-13