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Ryan & Maniskas, LLP Announces Investigation of EPL Oil & Gas, Inc.

WAYNE, Pa., March 13, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of EPL Oil & Gas, Inc. ("EPL" or the "Company") (NYSE: EPL) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Energy XXI for approximately $2.3 billion.

Ryan & Maniskas, LLP.

If you own shares of EPL and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/epl.  You may also email Mr. Maniskas at [email protected]

Under the terms of the agreement, public shareholders of EPL can elect to receive: either (1) $39.00 in cash, (2) 1.669 common shares of EXXI, or (3) $25.35 in cash plus 0.584 common shares of EXXI for each share of EPL they own.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of EPL for not acting in the Company's shareholders' best interests in connection with the sale process. 

Ryan & Maniskas, LLP is a national shareholder litigation firm.  Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please visit: www.rmclasslaw.com.

CONTACT:  Ryan & Maniskas, LLP 
                   Richard A. Maniskas, Esquire 
                   995 Old Eagle School Rd., Suite 311 
                   Wayne, PA 19087 
                   877-316-3218 
                   www.rmclasslaw.com/cases/epl         
                   [email protected]

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SOURCE Ryan & Maniskas, LLP

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