Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Fallis W Neel
 2. Date of Event Requiring Statement (Month/Day/Year)
04/30/2013		 3. Issuer Name and Ticker or Trading Symbol
EPL OIL & GAS, INC. [EPL]
(Last)
(First)
(Middle)
C/O EPL OIL & GAS, INC., 201 ST. CHARLES AVENUE, SUITE 3400		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President, Reserves
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW ORLEANS, LA 70170		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (1) 21,596
D
 
Common Stock 294
I
401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy)   (2) 01/05/2020 Common Stock 15,000 $ 8.9 D  
Stock Options (Right to Buy)   (3) 01/18/2021 Common Stock 10,000 $ 16.5 D  
Stock Options (Right to Buy)   (4) 11/01/2021 Common Stock 4,956 $ 13.68 D  
Stock Options (Right to Buy)   (5) 02/03/2022 Common Stock 3,907 $ 16.45 D  
Stock Options (Right to Buy)   (6) 06/27/2022 Common Stock 3,976 $ 16.23 D  
Stock Options (Right to Buy)   (7) 01/07/2023 Common Stock 3,316 $ 23.25 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Fallis W Neel
C/O EPL OIL & GAS, INC.
201 ST. CHARLES AVENUE, SUITE 3400
NEW ORLEANS, LA 70170		       Vice President, Reserves  

Signatures

W. Neel Fallis 05/10/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Includes 15,770 shares of restricted stock.
(2) The stock options were granted under the Issuer's 2009 Long Term Incentive Plan and are currently exercisable.
(3) The stock options were granted under the Issuer's 2009 Long Term Incentive Plan and become exercisable in one-third increments on the first three anniversaries of the Grant Date of January 18, 2011.
(4) The stock options were granted under the Issuer's 2009 Long Term Incentive Plan and become exercisable in one-third increments on the first three anniversaries of the Grant Date of November 1, 2011.
(5) The stock options were granted under the Issuer's 2009 Long Term Incentive Plan and become exercisable in one-third increments on the first three anniversaries of the Grant Date of February 3, 2012.
(6) The stock options were granted under the Issuer's 2009 Long Term Incentive Plan and become exercisable in one-third increments on the first three anniversaries of the Grant Date of June 27, 2012.
(7) The stock options were granted under the Issuer's 2009 Long Term Incentive Plan and become exercisable in one-third increments on the first three anniversaries of the Grant Date of January 7, 2013.

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