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Last Post: 9/14/2016 2:48:18 PM - Followers: 38 - Board type: Free - Posts Today: 0

Stone Energy Corporation (Stone Energy) is an independent oil and natural gas company. The Company is engaged in the acquisition and subsequent exploration, development, operation and production of oil and gas properties located in the conventional shelf of the Gulf of Mexico, the deep shelf of the Gulf of Mexico, the deepwater of the Gulf of Mexico, the Rocky Mountain Basins and the Williston Basin. Stone Energy is also engaged in an exploratory joint venture in Bohai Bay, China. During the year ended December 31, 2006, it entered into an agreement to participate in the drilling of two exploratory wells on two offshore concessions in Bohai Bay, China. On April 23, 2006, Stone Energy entered into an Agreement and Plan of Merger with Plains Exploration and Production Company (PXP) and Plains Acquisition Corporation, a wholly owned subsidiary of PXP (Plains Acquisition).

625 East Kaliste Saloom Road
Lafayette, LA 70508
(337) 237-0410
(318) 237-0426
http://www.stoneenergy.com/

 

STONE ENERGY CORPORATION
Announces Update from MMS Moratorium
LAFAYETTE, LA. June 1, 2010
    Stone Energy Corporation (NYSE: SGY) today announced that the Minerals Management Service issued
a Notice to Lessees ("NTL") on May 30, 2010 directing lessees and operators to cease drilling all new
deepwater wells on federal leases in the Gulf of Mexico for six months. For purposes of this six-month
deepwater moratorium ("NTL Moratorium"), "deepwater" means depths greater than 500 feet. This NTL
Moratorium will delay drilling of the second well (Vili) in Stone Energy's Amberjack drilling program.
Current production from the Amberjack platform remains unaffected and overall production guidance for
2010 remains in the original range of 205-225 million cubic feet equivalents per day. Drilling plans for
several conventional shelf wells and two deep shelf wells (one currently drilling) do not appear to be
impacted by the moratorium. Drilling operations in our Marcellus program and Rocky Mountain projects are
continuing as planned. Adjustments in the 2010 capital budget are being reviewed.





All Opinion expressed are just opinions, Please do your own Due Diligence and research.

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SGY News: Securities Registration: Employee Benefit Plan (s-8) 09/15/2016 03:11:18 PM
SGY News: Current Report Filing (8-k) 08/23/2016 06:06:05 AM
SGY News: Amended Statement of Changes in Beneficial Ownership (4/a) 08/15/2016 04:01:15 PM
SGY News: Statement of Changes in Beneficial Ownership (4) 08/08/2016 02:33:03 PM
SGY News: Quarterly Report (10-q) 08/03/2016 02:32:00 PM
PostSubject
#745   Come on down a bit more SGY!!! Kcricket 09/14/16 02:48:18 PM
#744   SGY bullish 12.75 stocktrademan 09/09/16 01:24:25 PM
#743   SGY vs BAS(Oil industry comparisons) legalizeMJ 09/08/16 02:47:20 PM
#742   I checked out that chart and found that stocktrademan 09/07/16 04:22:07 PM
#741   SGY vs AREX(Oil industry comparisons) legalizeMJ 09/06/16 02:28:03 PM
#740   SGY bullish 11.36 stocktrademan 09/02/16 04:27:35 PM
#739   I like how the writer picks certain parts RISK-TAKER 08/30/16 01:41:26 AM
#738   Stone Energy Negotiates Sale Of Marcellus In Restructuring Bid 56Chevy 08/29/16 11:32:00 PM
#737   SGY $11.47 coudn't breakout so breakdown. RS which dude iligence 08/26/16 02:22:15 PM
#736   SGY $12.2s setting up to breakout above the dude iligence 08/26/16 10:25:17 AM
#735   $12.34 ClearlyStocks 08/26/16 09:43:48 AM
#734   SGY $11.70 looks like she wants to run ClearlyStocks 08/25/16 03:26:59 PM
#733   $12.23* ClearlyStocks 08/25/16 01:31:49 PM
#732   $12.34 ClearlyStocks 08/25/16 01:31:28 PM
#731   $12.10 ClearlyStocks 08/25/16 01:31:03 PM
#730   $11.79 ClearlyStocks 08/25/16 01:10:39 PM
#729   $11.30 here she goes again ClearlyStocks 08/25/16 11:44:05 AM
#728   SGY is a stock to look at but jones99 08/19/16 04:50:08 AM
#727   Nice day SGY!!! How high ya gonna fly Kcricket 08/18/16 03:52:21 PM
#726   $10.90 NEW HIGHS ClearlyStocks 08/04/16 01:11:00 PM
#725   $10.50 break and SAEX part 2 possible ClearlyStocks 08/04/16 01:07:20 PM
#724   Flying from $9 ClearlyStocks 08/04/16 09:46:01 AM
#723   Looks like she's about to go $11+ ClearlyStocks 08/03/16 02:09:51 PM
#722   Good job now might be a good time Lehrjet 08/03/16 09:09:55 AM
#721   Hope you're still short on this one. JimBobWalnut 08/03/16 08:04:37 AM
#720   Will she hold the 13's or break back Kcricket 07/26/16 04:49:01 PM
#719   $11-12 as predicted up $10 per share on dude iligence 07/25/16 10:18:48 PM
#718   NEWS: http://ih.advfn.com/p.php?pid=nmona&article=72045930 crudeoil24 07/25/16 05:27:48 PM
#717   Looking like $12.50 is gonna break, wonder if Kcricket 07/22/16 09:25:47 AM
#716   That's great. I was in @ JimBobWalnut 07/21/16 10:17:01 AM
#715   re shorted 2 days ago when it couldnt dude iligence 07/21/16 07:58:19 AM
#714   gap closed short covered $6 per share gain. dude iligence 07/18/16 07:38:10 PM
#713   Looks like she took a breather today. JimBobWalnut 07/13/16 06:10:25 PM
#712   Looks like you got in at a good JimBobWalnut 07/13/16 10:35:21 AM
#711   Yesterday covered when it went above $21, no dude iligence 07/13/16 10:03:55 AM
#710   This ticker could be HULK, it's a big, Kcricket 07/12/16 08:24:01 PM
#709   Amazing run! Congrats! UP Trend 07/12/16 01:43:15 PM
#708   $25 Wowzers ClearlyStocks 07/12/16 01:34:32 PM
#707   Sure hope you covered that short by now. JimBobWalnut 07/12/16 01:10:25 PM
#706   Big ole Narly gap $19.5 up this morning. dude iligence 07/12/16 10:38:30 AM
#705   I shorted it this morn on the pop dude iligence 07/12/16 10:24:35 AM
#704   Surely not. JimBobWalnut 07/12/16 10:08:44 AM
#703   You still shorting? ... crudeoil24 07/12/16 09:47:09 AM
#702   $20.40 ClearlyStocks 07/12/16 09:41:09 AM
#701   $19.48 ClearlyStocks 07/12/16 09:10:30 AM
#700   $19.10 wow ClearlyStocks 07/12/16 08:45:23 AM
#699   $18.80 wow ClearlyStocks 07/12/16 08:20:51 AM
#698   SGY been a beast as of late wonder Kcricket 07/12/16 08:00:18 AM
#697   $18.30 a/h. Wow ClearlyStocks 07/11/16 08:36:20 PM
#696   Wish I still held her. From pennies to ClearlyStocks 07/11/16 04:12:16 PM
PostSubject