2015 Press Releases
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12/21/15STONE ENERGY CORPORATION Provides 2016 Capital Expenditure Budget, Operational and Production Guidance Update
LAFAYETTE, La., Dec. 21, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today provided an update on its 2016 capital expenditure budget, drilling and production operations and updated fourth quarter and annual 2015 production guidance.  2016 Capital Expenditure Budget Stone's Board of Directors has authorized an initial 2016 capital expenditure budget of $200 million, subject to further Board review. The proposed expenditures are primarily focused on the Pompano platform rig de... 
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12/08/15Stone Energy Corporation Announces Upcoming Presentation at the Capital One Securities Energy Conference
LAFAYETTE, La., Dec. 8, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that Kenneth H. Beer, Executive Vice President and Chief Financial Officer, will present at the Capital One Securities Energy Conference in New Orleans, Louisiana at 10:20 a.m. Central time on Thursday, December 10, 2015. The presentation material will also be available in the "Events and Presentations" section of the company's website, www.StoneEnergy.com, within 24 hours of the presentation. St... 
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11/10/15Stone Energy Corporation Announces Upcoming Presentation at the Jefferies Global Energy Conference
LAFAYETTE, La., Nov. 10, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that Kenneth H. Beer, Executive Vice President and Chief Financial Officer, will be presenting at the Jefferies 2015 Global Energy Conference in Houston, TX at the St. Regis Hotel at 9:00 a.m. Central time on Thursday, November 12, 2015. 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 E... 
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11/02/15Stone Energy Corporation Announces Third Quarter 2015 Results
LAFAYETTE, La., Nov. 2, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the third quarter of 2015. Some of the highlights include: Production results above upper guidance despite Mary field curtailment Cardona #6 well drilled and brought online Amethyst completion in progress and tie-in expected by year end Vernaccia exploration well drilling Sale of Crown and Anchor (Drago) working interest Chairman, President an... 
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10/13/15Stone Energy Corporation Announces Borrowing Base Reaffirmed At $500 Million
LAFAYETTE, La., Oct. 13, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that the borrowing base under its bank credit facility was reaffirmed at $500 million following its lenders' scheduled semi-annual redetermination process. There were no other changes to the terms of the credit facility resulting from this borrowing base redetermination.  As of October 13, 2015, the credit facility was substantially undrawn with only $19.2 million in letters of credit outstanding. ... 
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09/24/15Stone Energy Corporation Provides Production, Operational and Conference Update
LAFAYETTE, La., Sept. 24, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today provided a production, operational and conference update. On September 1, 2015, Stone shut-in its Mary field in Appalachia curtailing approximately 100-110 Mmcfe of production per day, leaving approximately 25 Mmcfe per day producing from the Heather and Buddy fields in Appalachia. Low commodity pricing, including negative differentials in the region, combined with fees for transportation, processing and... 
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09/01/15Stone Energy Corporation Announces Upcoming Presentation at Barclays Capital CEO Energy-Power Conference
LAFAYETTE, La., Sept. 1, 2015 /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 12:25 p.m. Eastern time on Wednesday, September 9, 2015. A live webcast will be available in the "Events and Presentations" section of the company's website, www.StoneEnergy.com.  In addition, ... 
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08/13/15Stone Energy Corporation Presents at EnerCom's Oil & Gas Conference
LAFAYETTE, La., Aug. 13, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that Kenneth H. Beer, Executive Vice President and Chief Financial 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 17, 2015.  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. S... 
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08/05/15Stone Energy Corporation Announces Second Quarter 2015 Results
LAFAYETTE, La., Aug. 5, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the second quarter of 2015. Some of the highlights include: Production volumes exceeded the upper end of second quarter 2015 guidance. Cardona #6 well was drilled and completed under budget and is expected to come on line by the end of the third quarter. Recognized an upward working interest adjustment to a number of wells in the Mary field in Appalachi... 
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07/07/15Stone Energy Corporation Provides Drilling and Production Update
LAFAYETTE, La., July 7, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today provided a drilling and production update. In the Gulf of Mexico deepwater, operations at the Cardona #6 development well, located in Mississippi Canyon block 29, have been proceeding ahead of schedule and below budget, and drilling has been completed through the targeted zones.  The well encountered approximately 288 feet of net pay in two intervals, similar to the Cardona #5 net pay of 275 feet.  Analysis o... 
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05/28/15Stone Energy Corporation Announces Upcoming Conference Schedule and Personnel Update
LAFAYETTE, La., May 28, 2015 /PRNewswire/ -- Personnel Update Stone Energy Corporation (NYSE:SGY) today announced a personnel update and upcoming conferences that company representatives will be attending.  Thomas L. Messonnier has been promoted to Vice President – Planning, Marketing & Midstream.  Mr. Messonnier has over 30 years of industry experience and joined Stone in June 2004.  He has served the company in several capacities, including Director of Strategic Planning, Busin... 
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05/08/15Stone Energy Corporation Announces Upcoming Presentation at the Iberia Capital Partners Oil & Gas Day
LAFAYETTE, La., May 8, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that Kenneth H. Beer, Executive Vice President and Chief Financial Officer, will be presenting at the Iberia Capital Partners Oil & Gas Day at the Omni Berkshire Place Hotel in New York City at 10:20 a.m. Eastern time on Tuesday, May 12, 2015. 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... 
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05/04/15Stone Energy Corporation Announces First Quarter 2015 Results
LAFAYETTE, La., May 4, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the first quarter of 2015. Some of the highlights include: Production volumes exceeded the upper end of first quarter 2015 guidance Cardona wells #4 and #5 continue to produce gross volumes of approximately 10,000 Boe per day Appalachian production volumes averaged over 130 MMcfe per day during the first quarter Lease operating expenses decreased by ap... 
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04/15/15Stone Energy Corporation Presents at IPAA Symposium and Burkenroad Reports Investment Conferences
LAFAYETTE, La., April 15, 2015 /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 9:10 a.m. Eastern time on Tuesday, April 21, 2015. 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 av... 
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03/18/15Stone Energy Corporation Announces Upcoming Presentation at the Scotia Howard Weil Energy Conference
LAFAYETTE, La., March 18, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced that David H. Welch, Chairman, President and Chief Executive Officer, will be presenting at the Scotia Howard Weil 43rd Annual Energy Conference at the Roosevelt Hotel in New Orleans, LA at 3:20 p.m. Central time on Tuesday, March 24, 2015. 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 pre... 
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02/24/15Stone Energy Corporation Provides Fourth Quarter And Year-End 2014 Results
LAFAYETTE, La., Feb. 24, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the fourth quarter and year-end of 2014. Some of the highlights include: Adjusted net income before impairment charges was $35.2 million, or $0.65 per share, for the year ended December 31, 2014; net loss after impairment charges was $189.5 million, or $3.60 per share, for the year ended December 31, 2014; Average daily production for 2014 was 43 MBoe pe... 
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01/20/15Stone Energy Corporation Announces 2014 Reserves, 2015 Capital Expenditure Budget and Production Guidance, and Operational Update
LAFAYETTE, La., Jan. 20, 2015 /PRNewswire/ -- STONE ENERGY CORPORATION (NYSE: SGY) today announced estimated year-end proved reserves and production volumes for 2014, and provided its capital expenditure budget, initial production and cost guidance for 2015 and operational updates.  Some of the highlights include: Year-end 2014 estimated proved reserves were 152 Mmboe, which represents a 5.5% increase compared to year-end 2013 estimated proved reserves. Fourth quarter 2014 production aver... 
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