Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BACHMANN RICHARD A
   2. Issuer Name and Ticker or Trading Symbol
ENERGY PARTNERS LTD [EPL] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last)
(First)
(Middle)
C/O ENERGY PARTNERS, LTD., 201 ST. CHARLES AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
06/01/2007
(Street)

NEW ORLEANS, LA 70170		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/04/2007   J(1)   87,636 (2) A $ 0 (1) 2,239,426 D  
Common Stock 06/04/2007   J(1)   498,262 (3) D $ 0 (1) 1,741,164 D  
Common Stock               2,579 I 401(K) Plan
Common Stock               1,148 I By Spouse

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Forward Purchase Agreement (1) 06/04/2007   J(1)     585,898 06/04/2007 06/04/2007 Common Stock 585,898 (1) 0 D  
Phantom Stock (4) (5) 06/01/2007   A   100,588     (6)   (6) Common Stock 100,588 (7) 100,588 D  
Stock Options (Right to buy) $ 17.27 06/01/2007   A   78,248     (8) 06/01/2017 Common Stock 78,248 (7) 78,248 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BACHMANN RICHARD A
C/O ENERGY PARTNERS, LTD.
201 ST. CHARLES AVENUE
NEW ORLEANS, LA 70170		   X     Chairman and CEO  

Signatures

 John H. Peper, Attorney in Fact   06/05/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(2) Consists of 87,636 shares of the Company's common stock that Mr. Bachmann retained and was not required to deliver under the Contract as described in Footnote 1.
(3) Consists of 498,262 shares of the Company's common stock that Mr. Bachmann agreed to deliver as described in Footnote 1.
(8) The options become exercisable in thirds over a period of three years from the date of the award.
(6) The shares become vested in thirds over a period of three years from the date of award.
(4) Cash-Settled Restricted Share Units, with payment based on the Fair Market Value of a share of Company Common Stock on the applicable vesting date.
(1) On June 4, 2007 Richard A. Bachmann settled his obligation to deliver shares of common stock of Energy Partners, Ltd. (The "Company") under a prepaid variable forward sales contract (the "Contract") entered into with an unaffliated counterparty on June 1, 2004. To secure his obligation under the Contract, Mr. Bachmann pledged 585,898 shares to the counterparty. According to the Contract, the number of shares to be delivered by Mr. Bachmann at settlement would be determined by a formula based on the closing price of the Company's common stock on the maturity date. The closing price of the Company's common stock on the maturity date was $17.67 per share. Based on the formula, Mr. Bachmann delivered 498,262 shares of the Company's common stock and was not required to deliver 87,636 shares.
(7) Not applicable
(5) 1 for 1

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