Stone Energy Corporation (SGY) IPAA Presentation April 2015
SGY: Good Liquidity, 2014 Reserves and 2015 Proforma Production Growth Achieving Milestones As February 24, 2015 Reserves 152 mmboe Cash 216 million Undrawn Revolver * 500 million 58% 42% 2015 Oil & Gas Hedge Percentage 53%…
A&D Has Positioned SGY in Lowest Non-Opec Cost of Supply Basins Achieving Milestones 6.00 Stone divestitures NYMEX Breakdown for 15% ATAX IRR Stone focus areas Gas Supply Cost 5.00 H 4.00 a y Bakken n F 3.00 N a B e…
Significant Response to Low Commodity Prices Projected For 2015 Achieving Milestones MM Capital MM LOE 1,000 250 Base LOE 900 800 895 200 201 700 695 182 600 150 500 400 450 100 120 300 200 50 100 0 0 2013 2014…
2015 Capital Levers Enable Adjustment to Market Conditions Achieving Milestones Capital Levers Impact Service & Materials Cost Reductions Capital Reduction, Cash and Ebitda Increase Marcellus Drilling & Completion Timeout…
Low Cost Strategy Is Robust Through The Price Cycle Achieving Milestones MMBD Global Crude Oil Supply and Demand Future Oil Supply Sources% 100 Demand 100 International Tight Oil Sands 80 80 U.S. Tight 200 Billion Barrels 60…
Multi-Year Investment Opportunity In Low Supply Cost Deep Water Gulf Achieving Milestones Legend 2015-17 Lafayette Prospect Pumpkin LaMontana Ridge Cayenne New Orleans Houston MP288 Valentine Horned Lark Pompano Carrick…
Mississippi Canyon Among Lowest Cost of Supply in Non-Opec World Achieving Milestones SGY Critical Mass 2 Hubs * 50 Leases 20 Prospects Low Cost Tie-Backs Advantaged Infrastructure Pompano Production 25 MP288 Horned Lark…
2015 Investments Robust Under Current Commodity Prices Achieving Milestones Pompano Platform SGY 100% WI A-25 ST Mississippi Canyon Investments PUD Pliocene A-15 ST2 Pompano Platform 4 Wells PUD - Main Miocene 11 per boe A-24…
Highly Selective and Leveraged 2015 Exploration Program Achieving Milestones Harrier Pompano Salt SGY 37% W.I. Vernaccia Conoco operated Harrier Pompano tieback potential 9 - 151 mmboe gross DHC 29 mm net Drilling…
Lamprey Exploration Project In 2016 Offers Major Catalyst Achieving Milestones AC 857 No. 1 SGY 100% 104 - 547 MMBOE Economic Enhancement Potential South of Great White Shared Host North of Marimba Trans Border DHC = 62 mm…
Decades of Investment Opportunity In Low Supply Cost Appalachia Achieving Milestones Christine Area 26,200 acres Marcellus s Proved Reserves: 526 bcfe Probable & Possible: 531 bcfe Mary Heather Field Potential Undrilled…
Additional Infrastructure Expected To Reduce Future Differentials Achieving Milestones Midwest & Canada North & Northeast mmcfd mmcfd Transco 525 Rockies Express 1,200 2015 Columbia Gas 310 2015 ANR (SEML) 750 Tennessee Gas…
Decades of Investment Opportunity In Low Cost Appalachia Utica Achieving Milestones Range Claysville SC IP: 59 mmcfed Utica Dry Gas 35,000 Net Acres Potential 2016 Development Rice Bigfoot IP: 42 mmcfed Over 200 Potential Well…
SGY Is Positioned For Long Term Success In Marcellus and Utica Achieving Milestones Stacked Pays Access Roads Gathering Lines Ohio River Water Access Water Distribution System Strategic Pad Locations Community Relations…
Diversified, Liquid, Disciplined Company With Decades Visible Growth In Low Cost Basins Achieving Milestones CapEx 450 mm Disciplined Capital Program With Catalysts 8% 88% Gulf of Mexico 4% Drill Cardona No 6, Online 4Q15…