2018 Press Releases
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05/01/18Stone Energy Corporation Announces Close of Ram Powell Field Acquisition
LAFAYETTE, La., May 1, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced that the Company closed the transaction contemplated under the previously announced Asset Purchase Agreement dated April 27, 2018 to purchase a 100% working interest in the Ram Powell Unit, and related assets, from Shell Offshore Inc., Exxon Mobil Corporation, and Anadarko US Offshore LLC. Forward-Looking Statements Certain statements i... 
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04/27/18Stone Energy Corporation Announces Agreement to Purchase Ram Powell Field
LAFAYETTE, La., April 27, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced the execution of an agreement to purchase a 100% working interest in the Ram Powell Unit, and related assets, from Shell Offshore Inc. ("Shell"), Exxon Mobil Corporation ("ExxonMobil"), and Anadarko US Offshore LLC ("Anadarko"). On April 27, 2018, Stone entered into an Asset Purchase Agreement with Shell, ExxonMobil, and Anadarko to acquire a 100% working interest in ... 
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04/24/18Stone Energy Corporation Announces Derbio Drilling Results
LAFAYETTE, La., April 24, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced that the Derbio exploration well (Mississippi Canyon Block 72 #3 well) reached total depth and encountered reservoir-quality sands in the targeted objective that did not contain commercial saturations of hydrocarbons.  The partners are now evaluating the possible development of the Rampart Deep well as a single-well tieback.  Working interest partners in the Derbio prosp... 
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03/12/18Stone Energy Corporation Announces Fourth Quarter and Year-End 2017 Results
LAFAYETTE, La., March 12, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced financial and operational results for the fourth quarter of 2017.  Some items of note from the fourth quarter of 2017 and early 2018 include: Estimated proved reserves totaled approximately 32.5 million barrels of oil equivalent ("Boe") as of December 31, 2017 Production volumes averaged approximately 17.6 thousand Boe per day for the three months ended Decem... 
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01/30/18Stone Energy Corporation Announces 2017 Year-end Reserves, Production Update and 2018 Preliminary Capital Budget
LAFAYETTE, La., Jan. 30, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced its estimated proved reserves, production volumes, and liquidity for year-end December 31, 2017, its capital expenditure budget for 2018, and production guidance for the first quarter of 2018.  Some highlights include: Estimated proved reserves totaled approximately 32.5 million barrels of oil equivalent ("Boe") at December 31, 2017 Production volumes averaged... 
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01/10/18Stone Energy Corporation Announces Mt. Providence Drilling Success
LAFAYETTE, La., Jan. 10, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced drilling success at the deep water Mt. Providence development well at Mississippi Canyon Block 28.  Stone generated the prospect and owns a 100% working interest in the well. The Mt. Providence well (the MC 28 #4 well) encountered approximately 153 net feet of high quality, primarily oil pay in one Miocene interval with no visible water level, which exceeded pre-drill expectations.  Completion o... 
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