2014 Press Releases
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11/10/14Stone Energy Corporation Announces Upcoming Presentation at the Jefferies Global Energy Conference
LAFAYETTE, La., Nov. 10, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that David H. Welch, the Company's Chairman, President and Chief Executive Officer, will be presenting at the Jefferies 2014 Global Energy Conference in Houston, TX at the St. Regis Hotel at 10:00 a.m. Central time on Tuesday, November 11, 2014.  The presentation material will also be available in the "Events and Presentations" section of the company's website within 24 hours of the presentation. ... 
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11/03/14Stone Energy Corporation Announces Third Quarter 2014 Results
LAFAYETTE, La., Nov. 3, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the third quarter of 2014. Some of the highlights include: Accelerated production schedule at Cardona/Cardona South development project Executed attractive multi-year rig contract for deep water drilling program Drilled Utica well; production test in fourth quarter Closed sale of non-core conventional shelf assets Production results slightly above upp... 
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10/06/14Stone Energy Corporation Announces Deep Water Rig Contractual Agreement
LAFAYETTE, La., Oct. 6, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) announced today that it has entered into an agreement to contract the ENSCO 8503 dynamically positioned deep water drilling rig for Stone's multi-year deep water drilling program in the Gulf of Mexico.  The primary contract term is for 30 months and is expected to commence during the second quarter of 2015 at a rate of approximately $350,000 per day.  The contract permits Stone to exercise options to extend the ter... 
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09/29/14Stone Energy Corporation Provides Operational and Capital Expenditure Update
LAFAYETTE, La., Sept. 29, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today provided an operational and capital expenditure update.  In the deep water, the Cardona development project has been proceeding ahead of schedule and is now expected to begin initial production by December 1, 2014, only six months after drilling the Cardona South well.  We believe that gross production will reach approximately 12,000 Boe per day for the two wells (65% working interest).  In Appalachia, our ... 
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09/25/14Stone Energy Corporation Announces Upcoming Presentation at the Johnson Rice Energy Conference
LAFAYETTE, La., Sept. 25, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that Kenneth H. Beer, Executive Vice President and Chief Financial Officer, will be presenting at the Johnson Rice Energy Conference in New Orleans, Louisiana at 2:05 p.m. Central time on Monday, September 29, 2014. A live webcast will be available in the "Events & Presentations" section of the company's website, www.StoneEnergy.com.  The presentation material will also be available in the "Ev... 
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08/28/14Stone Energy Corporation Announces Upcoming Presentation at Barclays Capital CEO Energy-Power Conference
LAFAYETTE, La., Aug. 28, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that David H. Welch, the company's Chairman, President and Chief Executive Officer, will be presenting at the Barclays Capital CEO Energy-Power Conference in New York at the Sheraton New York Times Square at 9:05 a.m. eastern time on Wednesday, September 3, 2014. A live webcast will be available in the "Events and Presentations" section of the company's website, www.StoneEnergy.com. In addition, th... 
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08/15/14Stone Energy Corporation Presents at EnerCom's Oil & Gas Conference
LAFAYETTE, La., Aug. 15, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE:SGY) today announced that David H. Welch, the Company's Chairman, President and Chief Executive Officer, will present at EnerCom's The Oil & Gas Conference in Denver at the Westin Denver Downtown at 1:55 p.m. mountain time on Monday, August 18, 2014.  A live webcast will be available in the "Events and Presentations" section of the company's website, www.stoneenergy.com, and the replay will be available following th... 
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08/05/14Stone Energy Corporation Announces Second Quarter 2014 Results
LAFAYETTE, La., Aug. 5, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the second quarter of 2014. Some of the highlights include: On schedule with Cardona/Cardona South development project Sanctioned Amethyst development Spud Utica test well in the Mary field Equity offering raised $226 million Sold non-core conventional shelf assets for $200 million Chairman, President and Chief Executive Officer David Welch st... 
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06/30/14Stone Energy Corporation Announces Sale of Non-Core GOM Shelf Properties
LAFAYETTE, La., June 30, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced a definitive agreement to sell its non-core Gulf of Mexico (GOM) conventional shelf properties to Talos Energy Offshore LLC for $200 million in cash and assumed future undiscounted abandonment liabilities estimated at approximately $117 million.  These properties represented production volumes of approximately 57 MMcfe per day for the first quarter of 2014 (58% natural gas).  The estimated proved r... 
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06/20/14Stone Energy Corporation Announces Upcoming Presentation at Global Hunter Securities 100 Energy Conference
LAFAYETTE, La., June 20, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE:SGY) today announced that Thomas L. Messonnier, Director of Strategic Planning, will present at the GHS 100 Energy Conference in Chicago at the JW Marriott Hotel at 9:30 a.m. central time on Tuesday, June 24, 2014.  In addition, the presentation material will also be available in the "Events and Presentations" section of the company's website within 24 hours of the presentation. Stone Energy is an independent oil and... 
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06/03/14Stone Energy Corporation Presents at Bank of America Merrill Lynch Energy and Power Leveraged Finance Conference
LAFAYETTE, La., June 3, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE:SGY) today announced that Kenneth H. Beer, Executive Vice President and Chief Financial Officer, will present at the Bank of America Merrill Lynch Energy and Power Leveraged Finance Conference in New York at The Westin Times Square at 2:20 p.m. eastern time today, Tuesday, June 3, 2014.  In addition, the presentation material will also be available in the "Events and Presentations" section of the company's website within... 
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05/19/14Stone Energy Corporation Hosts Upcoming Investor Day
LAFAYETTE, La., May 19, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) previously announced that it will host an investor and analyst day on Tuesday, May 20, 2014 for equity analysts and institutional investors at the Windsor Court hotel in Gallery A in New Orleans, LA. The webcast presentation will start at 8:30 a.m. central time and is expected to finish by noon. David Welch, Chief Executive Officer and President of Stone Energy, along with Kenneth Beer, Executive Vice President ... 
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05/08/14Stone Energy Corporation Announces Pricing of Common Stock Offering
LAFAYETTE, La., May 8, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that it has priced a registered underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $41.00 per share.  Stone has granted the underwriters a 30-day option to purchase 750,000 additional shares of its common stock.  The offering is expected to close on or about May 14, 2014, subject to customary closing conditions. Stone intends to use the net proceeds f... 
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05/07/14Stone Energy Corporation Announces Public Offering of 5,000,000 Shares of Common Stock
LAFAYETTE, La., May 7, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that it has commenced a registered underwritten public offering of 5,000,000 shares of its common stock.  Stone intends to grant the underwriters a 30-day option to purchase 750,000 additional shares of common stock.  Stone intends to use the net proceeds from the offering for general corporate purposes, which may include potential development of the Amethyst discovery, potential drilling of a second... 
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05/05/14Stone Energy Corporation Announces First Quarter 2014 Results
LAFAYETTE, La., May 5, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the first quarter of 2014. Some of the highlights include: Net income of $25.9 million or $0.52 per share Production volumes at the upper end of first quarter guidance Development drilling success at the Cardona South and Cardona wells in the Pompano field Discovery at the Amethyst deep water exploration prospect Discovery at the Tomcat deep gas pros... 
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04/28/14Stone Energy Corporation Announces Cardona South Drilling Success
LAFAYETTE, La., April 28, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced success on the deep water Cardona South well at Mississippi Canyon 29.  Stone operates and owns a 65% working interest in the well. The Cardona South well (MC 29 #5 well) encountered over 275 feet of net oil pay in three separate sections of the well.  The Cardona South success extends the productive zone of the Mississippi Canyon 29 TB-9 well to the adjacent fault block to the south and sets ... 
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04/03/14Stone Energy Corporation Hosts Upcoming Investor Day in New Orleans
LAFAYETTE, La., April 3, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that it will host an analyst and investor day on Tuesday, May 20, 2014 for equity analysts and institutional investors at the Windsor Court Hotel in New Orleans, LA. David Welch, Chief Executive Officer and President of Stone Energy, along with Kenneth Beer, Executive Vice President and Chief Financial Officer, and a number of key members of the Stone management team, will provide an update ... 
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04/03/14Stone Energy Corporation Presents at IPAA Symposium and Burkenroad Reports Investment Conferences
LAFAYETTE, La., April 3, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE:SGY) today announced that David H. Welch, the Company's Chairman, President and Chief Executive Officer, will present at the IPAA Oil & Gas Investment Symposium in New York at the Sheraton New York Times Square Hotel at 3:45 p.m. eastern time on Tuesday, April 8, 2014.  A live webcast will be available in the "Events and Presentations" section of the company's website, www.StoneEnergy.com, and the replay will be ava... 
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03/21/14Stone Energy Corporation Announces Upcoming Presentation at Howard Weil Energy Conference
LAFAYETTE, La., March 21, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that David H. Welch, the Company's Chairman, President and Chief Executive Officer, will be presenting at Howard Weil's 42nd Annual Energy Conference at the Roosevelt New Orleans at 4:10 p.m. central time on Monday, March 24, 2014. The presentation material will be available in the "Events and Presentations" section of the Company's website, www.StoneEnergy.com, within 24 hours of the presentation... 
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02/24/14Stone Energy Corporation Provides Fourth Quarter And Year-End 2013 Results
LAFAYETTE, La., Feb. 24, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the fourth quarter and year-end of 2013. Some of the highlights include: Adjusted net income before one-time charges was $143.2 million, or $2.88 per share, for the year ended December 31, 2013; net income after one-time charges was $117.6 million, or $2.36 per share, for the year ended December 31, 2013; Net daily production for 2013 was 46 MBoe (277 MM... 
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02/24/14Stone Energy Corporation Provides Cardona Drilling Update
LAFAYETTE, La., Feb. 24, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced success on the development segment of the deep water Cardona well at Mississippi Canyon 29.  Stone operates and owns a 65% working interest in the well. The Cardona well (MC 29 #4 well) encountered 84 feet of net oil pay in the development section of the well.  The company is currently running casing to protect this zone while drilling the exploration section of the well.  The Cardona success e... 
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02/18/14Stone Energy Corporation Announces Exploration Discoveries
LAFAYETTE, La., Feb. 18, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced exploration discoveries at its deep water Amethyst and deep gas Tomcat prospects.  Stone operates and owns a 100 percent working interest in both discoveries. The deep water Amethyst exploration well in Mississippi Canyon block 26 encountered approximately 90 feet of net hydrocarbon pay in one interval which suggests a commercial discovery.  Analysis of logging, coring and flui... 
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01/15/14Stone Energy Corporation Announces 2013 Reserve and Production Growth, 2014 Capital Expenditure Budget and Production Guidance
LAFAYETTE, La., Jan. 15, 2014 /PRNewswire/ -- STONE ENERGY CORPORATION (NYSE: SGY) today announced estimated year-end proved reserves and production volumes for 2013, and provided its capital expenditure budget and initial production guidance for 2014.  Some of the highlights include: Year-end 2013 estimated proved reserves were 143.9 Mmboe, which represents a 12% increase compared to year-end 2012 estimated proved reserves; Fourth quarter 2013 production averaged approximately 49... 
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