In recent work, Sadakane and Grossi [SODA 2006] introduced a scheme to represent any sequence S=s1s2...sn, over an alphabet of size σ, using $nH_k(S)+O(\frac{n}{\log_\sigma n} (k \log \sigma + \log\log n))$ bits of space, where Hk(S) is the k-th order empirical entropy of S. The representation permits extracting any substring of size Θ(logσn) in constant time, and thus it completely replaces S under the RAM model. This is extremely important because it permits converting any succinct data structure requiring o(|S|) = o(nlogσ) bits in addition to S, into another requiring nHk(S)+o(nlogσ) (overall) for any k = o(logσn). They achieve this result by using Ziv-Lempel compression, and conjecture that the result can in particular be useful to implement compressed full-text indexes. In this paper we extend their result, by obtaining the same space and time complexities using a simpler scheme based on statistical encoding. We show that the scheme supports appending symbols in constant amortized time. In addition, we prove some results on the applicability of the scheme for full-text self-indexing.