PARTICIPATION AGREEMENTParticipation Agreement • February 23rd, 2007 • Energy Xxi (Bermuda) LTD • Oil & gas field exploration services • Louisiana
THIS PARTICIPATION AGREEMENT (“Agreement”) is made and entered into as of January 26, 2007 (the “Effective Date”), by and between Centurion Exploration Company (“Centurion”), a Delaware corporation, with an address at 10333 Richmond Avenue, Suite 800, Houston, Texas 77042, and Energy XXI Gulf Coast, Inc. (“EXXI”), a Delaware corporation, with an address at 1201 Main St., Suite 2626, Houston, Texas 77002. Centurion and EXXI are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”
