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 *
  CARLSON CAPITAL L P
 2. Date of Event Requiring Statement (Month/Day/Year)
09/21/2009		 3. Issuer Name and Ticker or Trading Symbol
ENERGY PARTNERS LTD [EPL]
(Last)
(First)
(Middle)
2100 MCKINNEY AVENUE, STE 1600		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
See Remarks
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75201		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 Shares, par value $0.001 per share (1) 4,038,221
D
 

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

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CARLSON CAPITAL L P
2100 MCKINNEY AVENUE
STE 1600
DALLAS, TX 75201		     X   See Remarks
Carlson Clint Duane
2100 MCKINNEY AVENUE
SUITE 1600
DALLAS, TX 75201		     X   See Remarks
Double Black Diamond Offshore Ltd
2100 MCKINNEY AVENUE
SUITE 1600
DALLAS, TX 75201		     X   See Remarks
Asgard Investment Corp.
2100 MCKINNEY AVENUE
SUITE 1600
DALLAS, TX 75201		     X   See Remarks
Black Diamond Offshore Ltd.
UBS HOUSE, 227 ELGIN AVE
P.O. BOX 852
GRAND CAYMAN, E9 KY1-1103		     X   See Remarks
Black Diamond Relative Value Offshore Ltd.
UBS HOUSE, 227 ELGIN AVENUE
P.O. BOX 852
GRAND CAYMAN, E9 KY1-1103		     X   See Remarks

Signatures

/s/ by Clint D. Carlson 09/25/2009
**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) The shares of common stock of Energy Partners Ltd. reported herein are directly beneficially owned by Double Black Diamond Offshore Ltd., Black Diamond Offshore Ltd., Black Diamond Relative Value Offshore Ltd. (together, the "Funds") and an account under the management of Carlson Capital, L.P. ("Carlson Capital"). Carlson Capital is the investment manager of the Funds. Asgard Investment Corp. ("Asgard") is the general partner of Carlson Capital. Clint D. Carlson is the President of Asgard and of Carlson Capital. The Reporting Persons disclaim beneficial ownership of any and all such shares in excess of their pecuniary interest therein. Steven J. Pully is an employee of Carlson and sits on the Issuer's Board of Directors. Mr. Pully submits his Section 16 filings independent of Carlson. Carlson disclaims beneficial ownership of any and all securities beneficially owned by Mr. Pully.
 
Remarks:
Carlson  may be deemed to be a director by virtue of the fact that Steven J. Pully, an employee of Carlson, currently serves
 on the Board of Directors of the Issuer.

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