Operator · Gulf Of Mexico (GOM) & Marcellus Shale
Stone Energy Corp.
69 articles mentioning Stone Energy Corp. · Page 1 of 4
Talos Energy Completes Takeover of Stone Energy
Talos Energy has completed its previously announced acquisition of GOM-focused Stone Energy. The acquisition was an all-stock deal worth ~$1.98 billion. Prior to striking the deal, Stone had working to clear up its debt load and...
Stone Energy Comes Up Empty at Latest GOM Exploration Well
Stone Energy reported an update on its Derbio exploration well in the GOM. The exploration well encountered reservoir-quality sands in the targeted objective that did not contain commercial saturations of hydrocarbons. The partners are now evaluating...
Stone Energy Talks Q4 Results Ahead of Talos Merger; Sees Production Dip
Stone Energy reported its Q4 and full year 2017 results. Highlights: Estimated proved reserves totaled approximately 32.5 MMBOE as of December 31, 2017 Production volumes averaged approximately 17.6 MBOEPD for the three months ended December 31,...
Stone Energy IDs 2018 Capex of $212 Million
Stone Energy reported its 2018 capital budget. Highlights: - 2018 Capex: $212 million (up +18% from $180 million spent in 2017) Exploration: $76.3 million (36%) Development: $57.2 million (27%) P&A Expenditures: $78.4 million (37%) - Production...
Stone Touts Success at GOM Mt. Providence Project
Stone Energy reported success at its deepwater Mt. Providence development in the Gulf of Mexico. The well is located at Mississippi Canyon Block 28. Results: The Mt. Providence well (the MC 28 #4 well) encountered approximately...
Stone Tags 19.2 MBOEPD in Q3 Production; Preps to Spud New GOM Well
Stone Energy reported its Q3 2017 results. Highlights include: Q3 Production: 19.2 MBOEPD Mt. Providence development well to spud in December 2017
Stone, Deep Gulf Hit Pay at Rampart Deep Well in GOM
Stone announced drilling results from the Rampart Deep well at Mississippi Canyon Block 116. The well encountered approximately 130 net feet of liquids-rich natural gas pay in three primary zones. The completion of the Rampart Deep...
Stone Increases Production 5%; Focuses on Deep Water Well Results
Stone Energy released its Q2 results and highlights include:Stone Energy averaged net daily production of 20.6 mboe/d (69% oil, 23% natural gas, and 8% NGL) during Q2 which was an increase of 5% from Q1 production...
Stone Breaks Ground on GOM Rampart Well
Stone announced that drilling operations on its Rampart Deep Prospect in Mississippi Canyon Block 116 were initiated on June 3, 2017.
Stone Energy CEO Announces Retirement
James M. Trimble, currently an independent director of the Company, has been elected interim Chief Executive Officer and President by the Board of Directors...
Stone Taps Petrie for Strategic Review
Stone Energy has retained Petrie Partners LLC to assist the Board in its determination of the Company's strategic direction, including assessing its various strategic alternatives.
Stone Energy Emerges from Bankruptcy
Stone Energy has emerged from bankruptcy.
GOM Focused Stone Energy, Files Chapter 11 Bankruptcy
Gulf of Mexico focused Stone Energy is reporting that the company has filed chapter 11 bankruptcy. The pre-packaged plan calls for the following. Noteholders will receive their pro rata share of (a) $100 million of cash,...
Stone's GOM Amethyst Well Shut In Again After Leak
Stone Energy announced an operational update on its Amethyst well.
Stone Ditches Appalachia Rig in Q3; Keeps GOM Activity Low
Stone Energy announced financial and operational results for the third quarter of 2016.
Stone Energy to File Chapter 11 Bankruptcy; Eliminate $850 Million Debt
Stone Energy reported today that it has a put forward a restructuring agreemnt that will allow the company to file Chapter 11 bankruptcy on or before December 9, 2016.
Stone Energy Looking To Sell/Exit Appalachia; Last Ditch Effort
Stone Energy through a filling yesterday (8-23-2016) that it "hope" to sell its Appalachia asset for $350 million. Here is a quick look at the asset. Production : Acreage : Drilling Locations (undrilled) : Reserves :
Looking to Curb Debt, Stone Energy Mulling Sale of Appalachian Assets
In late 2015, the company suspended its drilling and completions in the region.
Stone Terminates Deepwater Rig Contracts in Q2 as Finances Tighten
Stone Energy Corporation announced financial and operational results for the second quarter of 2016.
Stone's Q2 Production Exceeds Guidance at 29 MBOE/d
Stone Energy Corporation announced estimated production for the quarter ended June 30, 2016 of approximately 29 MBoe (174 MMcfe) per day.