Replies to post #609 on Stone Energy Corporation (SGY)

[carusso]

Thanks for this interesting info. Really sorry to hear what happen, and hope you can get back in soon. Stone Energy seemed like smart guys with integrity. I really hope the demand letters being rescinded helps them avoid risk of bankruptcy. The banks and lenders need to work with them to avoid this. I fear the big sharks used the drop in oil prices to go on a feeding frenzy and smallest companies hurt disproportionately. I just read that this country is going to investigate price-fixing by the ME countries to undermine our effort at energy independence. I hope Stone Energy makes it. The post- BP spill liabilities is why reduced drilling in gulf.i guess.