Chiron Financial, the Houston-based investment banking and financial advisory firm, has been retained as the co-financial advisor to the Official Committee of Equity Security Holders of Energy XXI Ltd.
Energy XXI Ltd. and certain of its wholly-owned subsidiaries filed for Chapter 11 bankruptcy protection, in the United States Bankruptcy Court for the Southern District of Texas, on April 14. Energy XXI's operations are focused on the acquisition, exploration, development, and operation of oil and gas natural properties primarily in the US Gulf of Mexico waters and the Gulf Coast onshore.
Leading the engagement for Chiron Financial is Scott W. Johnson, managing director and veteran investment banker specializing in corporate finance and restructuring matters.
Johnson is a co-founder of Chiron Financial. He has over 30 years of experience in investment banking and energy, with a particular focus on the oil and gas industry. His areas of expertise include: private equity and debt placements as both investment banker and fund manager, mergers and acquisitions, and strategy development. He has advised and invested in onshore and offshore oil and gas companies with strategies ranging from PDP focus to exploration, and has arranged funding for start-ups and large public companies.