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One-Page Deal Sheet

Stone Energy Acquires Pompano Field Working Interest from Anadarko

Stone Energy Corp. Anadarko Petroleum Corp
AnnouncedMay 10, 2012
TypeProperty
LocationGulf Of Mexico (GOM)
Announced Date
May 10,2012
Close Date
June 18,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
67




Snapshot
Asset/Basin:
{"Gulf of Mexico Deepwater"}
Proved Reserves

Location
Region
Gulf of Mexico

Country
United States

State
Texas

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Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Stone Energy Corporation today announced the signing of a definitive agreement with Anadarko Petroleum Corporation, which provides for the acquisition by Stone of Anadarko's 25% working interest in the five block deep water Pompano field in Mississippi Canyon, a 22% working interest in Mississippi Canyon Block 29, and a 10% working interest in portions of MC 72.

The purchase price under the agreement is $67 million in cash plus the assumption of asset retirement obligations, subject to customary closing adjustments. 

Current net production from the Pompano field attributable to this…



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